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31 Farrwood Dr #31 Haverhill — Photo 1 of 24

31 Farrwood Dr #31 Haverhill — Photo 1 of 24

$379,000

Investment Analysis — 31 Farrwood Dr #31

Haverhill, MA 01835

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01835 carries an estimated $2,240/mo in gross rent — about a 3.56% cap rate and $13,498/yr in estimated NOI at the $379,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,118

Style

Condominium

Built

1978

Modern, Move-In Ready Townhome in a desirable location- tucked away in a peaceful setting right on the North Andover line. The interior has been refreshed with all-new engineered hardwood flooring with fresh paint- creating a clean, inviting feel throughout. The newly remodeled eat-in kitchen features modern cabinetry, stylish countertops, new appliances, and new slider leading to a balcony overlooking the private tree-lined backyard. Two generously sized beds on 2nd floor with full bath. The walk-out lower level offers a partially finished area perfect for a flex space such as office or workshop, while the remaining unfinished space provides plenty of room for a home gym, extra storage, etc. Mechanical updates include conversion to natural gas heat and the addition of central air, offering both comfort and efficiency year-round. With its desirable location, versatile three-level layout, private outdoor setting, and extensive updates, this townhome offers the perfect blend of modern convenience and low-maintenance living—a home that may just check all your boxes.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$379,000
Annual Taxes$3,295
HOA Fee$303

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Engineered Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomBathroom 1
Main,First
Kitchen
Living Room
Lvl First

14 x 19

Window(s) - Picture, Exterior Access, Flooring - Engineered Hardwood

Kitchen
Lvl Main,First

14 x 12

Bathroom - Half, Window(s) - Picture, Dining Area, Balcony - Exterior, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Slider, Flooring - Engineered Hardwood

Primary Bedroom
Lvl Second

14 x 13

Window(s) - Picture, Closet - Double, Flooring - Engineered Hardwood

Bedroom 2
Lvl Second

14 x 10

Bathroom 1
Lvl First

5 x 4

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

8 x 9

Bathroom - Full, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: The Lucci Witte Team

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73582872