Investment Analysis — 36 Putnam Ave

Lowell, MA 01851

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 4-bedroom in 01851 carries an estimated $3,010/mo in gross rent — about a 4.80% cap rate and $21,617/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,715

Style

Single Family

Built

1900

Welcome to this spacious 4-bedroom, 1.5-bath home offering a wonderful combination of character, comfortable living space, and indoor-outdoor appeal. The home features a flexible floor plan with generously sized rooms, beautiful hardwood flooring, abundant natural light, and charming details throughout. The spacious kitchen offers ample cabinet and counter space, while the bright dining area features hardwood floors, built-in cabinetry, and French doors opening to the rear deck.Four bedrooms provide plenty of space and flexibility, with options for a home office, guest room, or additional living space. Outside, a sizable rear deck overlooks the backyard, offering plenty of room for outdoor dining, entertaining, gardening, pets, or simply enjoying the yard. A detached garage provides convenient parking along with additional storage space. Full of character and ready for a new owner to add their own personal style and cosmetic touches, this home offers a great opportunity to make the space your own while enjoying many of its existing features from day one. Property is being sold AS-IS. Buyers and buyers’ agents to perform their own due diligence.

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: 858 sq ft (the lesser of 900 sq ft or half the 1,715 sq ft principal dwelling). Lot size: 4,792 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.