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14 Gervais Way Methuen — Photo 1 of 42

14 Gervais Way Methuen — Photo 1 of 42

$899,999

Investment Analysis — 14 Gervais Way

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01844 carries an estimated $3,060/mo in gross rent — about a 2.21% cap rate and $19,932/yr in estimated NOI at the $899,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,694

Style

Single Family

Built

1992

Welcome to 14 Gervais Way in Methuen! This beautifully updated Cape offers the perfect blend of comfort, style, and functionality. Step inside to a bright and inviting layout featuring hardwood floors, recessed lighting, and a cozy fireplace. The stunning kitchen showcases stainless steel appliances, a spacious center island, breakfast bar, and direct access to the deck—perfect for entertaining. The primary suite features a walk-in closet and private bath, while the partially finished walk-out basement potencial in law provides additional flexible living space. Enjoy central air, an oversized attached two-car garage, ample off-street parking, and a level yard with plenty of outdoor space to relax and entertain. Conveniently located near schools, highway access, public transportation, and local amenities. A wonderful place to call home. Open House Sat- Sun 1:00 PM- 3:00 PM

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 2,694 sq ft principal dwelling). Lot size: 12,332 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.

Property Details

Financials

Original Price$899,999
Annual Taxes$7,975

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood
BasementFull, Partially Finished, Walk-Out Access

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofAsphalt/Composition Shingles
FoundationConcrete Perimeter
ZoningRG

Property & Lot

Acres0.28
SqFt Lot12,332
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Pool • Medical Facility • Highway Access • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenBathroom 1
Basement
Family Room
Living Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Dining Room
Lvl First

Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Recessed Lighting, Lighting - Overhead

Kitchen
Lvl First

Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, French Doors, Kitchen Island, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances

Family Room
Lvl Basement

Flooring - Laminate, Window(s) - Picture, Recessed Lighting

Primary Bedroom
Lvl Second

Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Bedroom 4
Lvl Second

Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Lighting - Overhead, Pocket Door

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate

Listing Provided By

Listing Agent: Alvarenga & Son'S Team

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73584298