Active

56 Days on market

3 Henry Ave. Methuen — Photo 1 of 42

$799,999

Investment Analysis — 3 Henry Ave.

Methuen, MA 01844 — Central/western Methuen

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 2.72% cap rate and $21,772/yr in estimated NOI at the $799,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,704

Style

Single Family

Built

1964

This 4-bedroom home offers a functional layout with a living room, kitchen, dining room, and half bath on the first floor. The second level features four bedrooms and a full bath. The finished basement provides additional living space and a second full bathroom. Additional features include a garage and off-street parking. Located in a quiet residential area with convenient access to major highways, shopping, schools, restaurants, and everyday amenities. Buyer and Buyer’s Agent to perform their own due diligence and verify all information.

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 2,704 sq ft principal dwelling). Lot size: 7,170 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 MLS and other third-party data may be inaccurate or out of date.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.