Investment Analysis — 26 Parsonage Hill Rd

Haverhill, MA 01832

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01832 carries an estimated $2,970/mo in gross rent — about a 2.62% cap rate and $20,011/yr in estimated NOI at the $765,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

2,941

Style

Single Family

Built

1987

Privacy Galore in this backyard!! Sitting quietly back off the street on a knoll this 4-bedroom colonial is waiting for its new owners. Some recent updates: kitchen that has been opened up with new white cabinets, island, quartz counters and recessed lighting. Soft gray and white tile floor bring it all together. French doors lead you into the back to front family room with electric fireplace and built-ins. Main level also has a living room, office and 1/2 bath. Upstairs are 4 bedrooms. Primary has walk in closet and its own private bath. Drop stairs to attic for great storage. An added bonus is the family room, in the lower level, with private walk out, with little kitchenette and 3/4 bath, ideal for family members or guests. Fenced in yard is ideal for pets. Generator hookup. 2 car garage under. Country living but close enough to highway access.

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 2,941 sq ft principal dwelling). Lot size: 41,378 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.