Investment Analysis — 20 Lexington Ave

Haverhill, MA 01835 — Bradford

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01835 carries an estimated $2,970/mo in gross rent — about a 3.73% cap rate and $21,591/yr in estimated NOI at the $579,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,824

Style

Single Family

Built

1920

Opportunity awaits at 20 Lexington Avenue! Set on a beautiful tree-lined street in a desirable Haverhill location, this spacious home offers four bedrooms, two-and-a-half baths and a two-car garage. The updated kitchen features granite countertops, soft-close cabinetry and stainless-steel appliances. Enjoy the screened-in back porch, perfect for relaxing or entertaining, while the walk-up attic provides plenty of additional storage. The home needs some TLC, but its generous layout, appealing features and convenient location present an excellent opportunity to restore its charm and make it your own. Bring your ideas and imagination to unlock the full potential of this well-located home!

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 1,824 sq ft principal dwelling). Lot size: 5,998 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 MLS and other third-party data may be inaccurate or out of date.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.