Investment Analysis — 17 Stone Castle Dr #17

Methuen, MA 01844 — West Methuen

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01844 carries an estimated $2,770/mo in gross rent — about a 2.10% cap rate and $17,834/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,438

Style

Single Family

Built

2013

Discover a refined living experience at 17 Stone Castle Dr U:17, Methuen, MA, located in a welcoming 55+ community. This single-family residence, built in 2013, spans a generous 2438 square feet, offering a contemporary sanctuary designed for comfort and ease. The residence features three thoughtfully appointed bedrooms, providing private retreats for relaxation. Complementing these are two full bathrooms and an additional half bathroom, ensuring convenience for residents and guests alike. Further enhancing this home's appeal is an attached two-car garage, offering secure parking and additional storage solutions. Immerse yourself in the potential of this exceptional property; an opportunity to elevate your everyday living. The HOA fee is 487.55

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 2,438 sq ft principal dwelling). Lot size: 11,111 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 MLS and other third-party data may be inaccurate or out of date.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.