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5 Days on market

36 Alexander Ave Dracut — Photo 1 of 42

$570,000

Investment Analysis — 36 Alexander Ave

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 3.59% cap rate and $20,436/yr in estimated NOI at the $570,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,184

Style

Single Family

Built

1973

1st time on the market! This Split is waiting your personal touch. Home offers much curb appeal with thought-out well-maintained landscaping around the property. Upper level features living room with pellet stove custom bookcases with filtered view to the eat in kitchen. Off the kitchen a relaxing sunroom with cathedral ceilings that overlooks the outdoor patio with retractable sunshade & inground pool with standalone screen room for warm weather gatherings. Completing the upper level are the full bathroom and 3 bedrooms. Lower level features family room with custom wood paneling, bookcase and fireplace. Completing the lower level are the ¾ bathroom, bonus room and laundry room leading to the one car garage. In your private backyard, you can enjoy dining in the dedicated outdoor dining area or relax on the patio. A private pool offers a refreshing escape during warmer months. Practicality is enhanced by the presence of solar panels, which speak to the modern efficiency of this home. Offering a harmonious blend of indoor comfort and outdoor enjoyment, it is ready to welcome you home.

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: 592 sq ft (the lesser of 900 sq ft or half the 1,184 sq ft principal dwelling). Lot size: 15,959 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.