Investment Analysis — 15 Mercury Ter #15

Haverhill, MA 01832

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01832 carries an estimated $2,240/mo in gross rent — about a 3.40% cap rate and $14,448/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,171

Style

Condominium

Built

1993

Welcome to Cherry Hill. This spacious 3-level townhome offers 2 bedrooms, 1.5 bathrooms, 1,171 sqft of living space and an attached 1-car garage, combining low-maintenance living with the space and functionality of a traditional home. The main living level features an open-concept layout connecting the kitchen, dining and living areas, along with a convenient half bath and direct access to your own deck. Upstairs, you'll find 2 generously sized bedrooms and a full bathroom with shower tub and laundry, while the lower level provides garage access, a great mudroom with coat closet, and closed-off storage space. Enjoy an affordable $195/month condo fee that includes master insurance, exterior and road maintenance, landscaping, snow removal and reserve funds. Set within the established pet-friendly, 47-unit Cherry Hill community and conveniently located near shopping, dining and commuter routes, this is an excellent opportunity for buyers seeking space, convenience and low-maintenance living.

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 MLS and other third-party data may be inaccurate or out of date.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.