Investment Analysis — 35 Sparks Street

Lowell, MA 01854

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01854 carries an estimated $2,700/mo in gross rent — about a 4.38% cap rate and $19,705/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,091

Style

Single Family

Built

1930

This charming 3 bedroom, 1 bathroom home offers a convenient location near Umass Lowell and a comfortable layout with an eat-in kitchen and comfortable living room. Recent improvements include brand new electrical panel and updated wiring, along with a new front porch that provides a welcoming entrance and outdoor space. The home is handicap accessible, offering added convenience and functionality through the 3 season porch. The property includes a one-car garage plus additional off-street parking, providing plenty of space for vehicles and storage. The home sits to one side of the lot, giving ample space for entertaining, gardening or play area for children. Enjoy a convenient location near Umass Lowell, making this an excellent opportunity for homeowners, students, or investors. Situated in a great area of Lowell, 35 Sparks St. combines a convenient location with important recent improvements and desirable parking.

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: 546 sq ft (the lesser of 900 sq ft or half the 1,091 sq ft principal dwelling). Lot size: 7,405 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.