Investment Analysis — 316 Emery St

Dracut, MA 01826

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01826 carries an estimated $2,790/mo in gross rent — about a 3.87% cap rate and $20,844/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,984

Style

Single Family

Built

1960

Welcome to this spacious home offering a wonderful opportunity to put your personal touches into a charming home with character and potential. A bright four-season porch welcomes you and provides a versatile space to enjoy throughout the year. The main level is filled withnatural light, with gleaming hardwood floors creating a bright and inviting atmosphere. Upstairs, you'll find three bedrooms, including a generous front-to-back primary bedroom with a cedar closet and two additional bedrooms. There are two full bathrooms and the entire home has been freshly painted throughout. A full basement provides excellent storage. Outside, enjoy a fenced-in backyard, along with a detached screened-in porch and shed, perfect for relaxing, entertaining, or enjoying the outdoors. Conveniently located close to UMass Lowell North Campus, this home combines space, charm, and outdoor amenities with room to make it 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 1,984 sq ft principal dwelling). Lot size: 7,600 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.