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29 Stoney Brook Rd Methuen — Photo 1 of 42

$579,900

Investment Analysis — 29 Stoney Brook Rd

Methuen, MA 01844

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 3.43% cap rate and $19,895/yr in estimated NOI at the $579,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,032

Style

Single Family

Built

1964

Welcome to 29 Stony Brook Road in Methuen! This beautifully maintained ranch has been freshly painted and features new vinyl flooring, offering a fresh and updated feel throughout. The home offers a comfortable layout with well maintained living spaces and a large basement with a finished portion, providing additional flexible space. Outside, enjoy a spacious, level yard with plenty of room for outdoor enjoyment. Conveniently located with easy access to major roadways and commuter routes, this property offers a great combination of updates, usable space, and convenience. Don't miss the opportunity to make this well maintained ranch your own!

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 2,032 sq ft principal dwelling). Lot size: 20,600 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 MLS and other third-party data may be inaccurate or out of date.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.