
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First13.5 x 16.666666666
Flooring - Hardwood, Flooring - Wood, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl Main,First10.833333333 x 12.333333333
Flooring - Hardwood, Flooring - Wood, Recessed Lighting, Remodeled
Kitchen
Lvl Main,First11.333333333 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 Second12.083333333 x 9.833333333
Closet, Attic Access
Primary Bedroom
Lvl Second13.5 x 16.666666666
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Remodeled
Bedroom 2
Lvl Second14.5 x 12.333333333
Bedroom 3
Lvl Second14.5 x 13.25
Closet, Flooring - Hardwood, Flooring - Wood, Remodeled
Bedroom 4
Lvl Main,First14.166666666 x 13.25
Flooring - Hardwood, Flooring - Wood, Remodeled
Bathroom 1
Lvl Second7.583333333 x 8.833333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled
Bathroom 2
Lvl Second8.75 x 8.833333333
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Main,First4.916666666 x 8.833333333
Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Remodeled, Washer Hookup
Property History
$859,900
Oct 1, 2026
MLS® 73585630
$470,000
Jan 15, 2026
MLS® 73433806
$499,900
Sep 22, 2025
MLS® 73433806
Listing Agent: Rey Garcia
Listing Office: Compass
MLS® Number: 73585630








