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17 Ferry Rd Methuen — Photo 1 of 42

17 Ferry Rd Methuen — Photo 1 of 42

$859,900

Investment Analysis — 17 Ferry Rd

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 2.45% cap rate and $21,096/yr in estimated NOI at the $859,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,711

Style

Single Family

Built

1997

Timeless character meets sophisticated, modern luxury. Set on just under 2 acres of private land, this extensively renovated residence offers the rare combination of expansive grounds, exceptional craftsmanship, modern systems, and thoughtfully designed living space creating a home that feels completely new from top to bottom. Every detail has been carefully considered in this complete renovation. The home features a new roof, new heating system, new 4-ton central A/C condenser, updated electrical, updated plumbing, and insulation throughout, providing the comfort, efficiency, and peace of mind today's buyer expects. New doors and finishes throughout further elevate the home's polished presentation. The beautifully redesigned new kitchen creates a stunning centerpiece for everyday living and entertaining, complemented by 2.5 newly renovated bathrooms, featuring contemporary finishes. The main level offers the convenience of dedicated main level laundry, while the versatile floor plan provides 4+ bedrooms and abundant space for guests, a home office, fitness area, or additional living spaces. A standout feature is the newly added attic bonus room, offering valuable additional space and endless possibilities. Whether used as a private office, media room, creative studio, guest retreat, or sophisticated lounge, this flexible area adds another dimension to the home. Modern convenience extends outdoors with a recently installed, ready-to-use electric vehicle charging plug, making EV ownership effortless and adding a forward-thinking feature to this completely updated property. Outside, the property truly distinguishes itself with nearly two acres of land, offering privacy, space, and the opportunity to create an exceptional outdoor lifestyle. Envision summer entertaining, gardens, recreation, fire-pit gatherings, or simply enjoying the tranquility and privacy of your own expansive grounds. The location adds another layer of convenience. Enjoy easy access to major highways, shopping, dining, schools, parks, and everyday amenities, while remaining within convenient reach of Methuen, Andover, Salem, NH and the greater Merrimack Valley. Commuters will appreciate convenient access to I-93 and I-495, providing connectivity toward Boston and Southern New Hampshire. It is more than a renovation it is a complete lifestyle upgrade. Completely transformed. Exceptionally positioned. A must see and worry free property that is worth it now and years to come.

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 2,711 sq ft principal dwelling). Lot size: 86,249 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$859,900
Annual Taxes$6,811

Parking

Garage2
Off-Street7

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Hardwood
BasementPartial, Walk-Out Access, Interior Entry, Garage Access, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Forced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningMA

Property & Lot

Acres1.98
SqFt Lot86,249
Lot FeaturesEasements

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship • Private School

Geography

Floorplan Breakdown

Structural Layout

Second
OfficePrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Main,First
Living RoomDining RoomKitchenBedroom 4Bathroom 3
Living Room
Lvl Main,First

13.5 x 16.666666666

Flooring - Hardwood, Flooring - Wood, Open Floorplan, Recessed Lighting, Remodeled

Dining Room
Lvl Main,First

10.833333333 x 12.333333333

Flooring - Hardwood, Flooring - Wood, Recessed Lighting, Remodeled

Kitchen
Lvl Main,First

11.333333333 x 12.333333333

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove

Office
Lvl Second

12.083333333 x 9.833333333

Closet, Attic Access

Primary Bedroom
Lvl Second

13.5 x 16.666666666

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Remodeled

Bedroom 2
Lvl Second

14.5 x 12.333333333

Bedroom 3
Lvl Second

14.5 x 13.25

Closet, Flooring - Hardwood, Flooring - Wood, Remodeled

Bedroom 4
Lvl Main,First

14.166666666 x 13.25

Flooring - Hardwood, Flooring - Wood, Remodeled

Bathroom 1
Lvl Second

7.583333333 x 8.833333333

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled

Bathroom 2
Lvl Second

8.75 x 8.833333333

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Main,First

4.916666666 x 8.833333333

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

Property History

Listed
$859,900

Oct 1, 2026

MLS® 73585630

Sold
$470,000

Jan 15, 2026

MLS® 73433806

Listed
$499,900

Sep 22, 2025

MLS® 73433806

Listing Provided By

Listing Agent: Rey Garcia

Listing Office: Compass

MLS® Number: 73585630