New Construction Two-Unit
65 Dunstable Rd, Chelmsford, MA 01863
For Sale
$1,438,000
Two condominium units provide separate ownership and flexible occupancy options.
Property Size4,738 SF
Price / SF$303.50
Days on Market93
Property Features for 65 Dunstable Rd
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Building Details
Building Size
Year Built
Buildings
Listing Agency:
REMAX Andrew Realty Services
Listed By:
Shlomi Geva
(781) 640-0249
Source:
Kevinfruh
Added: Aug 7
Changed: Nov 6
Last Checked: Aug 25 at 12:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Andrew Realty Services
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Investment Insights
Based on property information with market context.
This newly constructed duplex at 65 Dunstable Rd comprises two separately deeded condominium units and 4,738 SF of property. Each residence extends across four levels, with an open main floor combining the kitchen, dining area, and living room. The living space connects to a private deck, while additional bonus rooms can accommodate office, media, gym, or guest uses. Both units include two bedrooms, in-unit laundry, an attached one-car garage, and a covered patio.
Located in North Chelmsford, the property supports multiple ownership and occupancy arrangements. The two condominium units can be held together, occupied separately, or considered individually, subject to applicable condominium and market requirements. The configuration also accommodates living in one unit while renting the other or leasing both residences.
Located in North Chelmsford, the property supports multiple ownership and occupancy arrangements. The two condominium units can be held together, occupied separately, or considered individually, subject to applicable condominium and market requirements. The configuration also accommodates living in one unit while renting the other or leasing both residences.
Key Highlights
- Two separately deeded condominium units
- 4,738 SF duplex with four levels per unit
- Newly constructed two‑family property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,258
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,005,160
$2.0M
Cap Rate 7%
$1,432,257
$1.4M
Cap Rate 9%
$1,113,978
$1.1M
Market Conditions
NOI Build-Up for 4,738 SF
Gross rent
$150.7K $31.80/SF
− Vacancy
−$7.4K −$1.57/SF
EGI
$143.2K $30.23/SF
− OpEx
−$43.0K −$9.07/SF
NOI
$100.3K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,005,160
Cap Rate 7%
$1,432,257
Cap Rate 9%
$1,113,978
Alternative Uses
Best Use
Multifamily LT 5
$1.43M
$1.25M – $1.67M
NOI $100,258 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$1.35M
$1.18M – $1.57M
NOI $94,270 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $196,342 @ 7.0% cap · market cap 13.65%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
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Business Placement
Demographics for 01863, MA
9,536
Population
3,677
Households
2.6
Avg Household Size
44
Median Age
49%
College-Educated
97%
High-School Grad
4.5 sq mi
ZIP Area
2,119
Density / Sq Mi
$136,284
Median Household Income
$67,005
Median Earnings
$1,698
Median Rent
$477,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Middlesex County, MA
Properties on Market for Duplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two condominium units provide separate ownership and flexible occupancy options.
Where is this duplex located?
The property is located at 65 Dunstable Rd Chelmsford, MA.
What is the asking price?
The asking price for this property is $1,438,000.
What are key features of this property?
This property features: Two separately deeded condominium units; 4,738 SF duplex with four levels per unit; Newly constructed two‑family property
