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118 Old Groveland Rd Haverhill — Photo 1 of 38

$799,000

Investment Analysis — 118 Old Groveland Rd

Haverhill, MA 01835 — Bradford

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01835 carries an estimated $2,690/mo in gross rent — about a 1.87% cap rate and $14,945/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,650

Style

Single Family

Built

1860

BRADFORD: Discover a harmonious blend of classic charm and contemporary comfort at 118 Old Groveland Rd. This meticulously renovated Colonial home, offers 1650 square feet of thoughtfully updated living space on a generous 25,500 square foot lot. The recently updated kitchen provides a central gathering point, complete with an island perfect for culinary endeavors and casual dining. The living room, graced with hardwood flooring, offers an inviting space for relaxation and entertaining, or you can enjoy the family room with luxury vinyl plank flooring that leads to deck. The bedrooms also feature the warmth of hardwood flooring, creating a consistent and elegant aesthetic throughout. The bathrooms are designed for both convenience and luxury, with one offering a double vanity with tub and shower, the 1st floor 3/4 bathroom with washer/dryer hook up and linen closet. This property further benefits from a welcoming porch, providing an ideal spot for outdoor enjoyment, and an impressive four-car garage, with loft. To truly appreciate the unique character and sophisticated updates of this home, schedule your private viewing today. Potential ADU unit. Open house Sunday 10/4 at 11:00 - 1:00 send your buyers.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 825 sq ft (the lesser of 900 sq ft or half the 1,650 sq ft principal dwelling). Lot size: 25,500 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.