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129 Forest St Haverhill — Photo 1 of 42

$549,000

Investment Analysis — 129 Forest St

Haverhill, MA 01832

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 5-bedroom in 01832 carries an estimated $2,970/mo in gross rent — about a 3.99% cap rate and $21,901/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,254

Style

Single Family

Built

1959

GREAT OPPORTUNITY FOR A FLIP OR TO BUILD YOUR OWN SWEAT EQUITY - Solid Cape Style Single Family With "Good Bones" Including Harvey Style Vinyl Replacement Windows, Updated Wood Siding and A Young Roof. Large & Spacious Floor Plan with Easy Expansion Potential On 2nd Floor For 2 More Bedrooms & rough plumbing available to add a 3rd Bathroom. Additional Features Include Wood Flooring, Corner Lot & 3-Season Room - Large Walk-Out Basement With 3/4 Bathroom Provides Additional Living Space or ADU Expansion Possibilities - Be sure to put this house on your MUST SEE list!

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: 900 sq ft (the lesser of 900 sq ft or half the 2,254 sq ft principal dwelling). Lot size: 25,660 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 MLS and other third-party data may be inaccurate or out of date.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.