Investment Analysis — 360 Water

Haverhill, MA 01830

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01830 carries an estimated $2,650/mo in gross rent — about a 5.17% cap rate and $20,145/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,335

Style

Single Family

Built

1900

Opportunity awaits at 360 Water Street! This charming old style home has good bones, plenty of character, and exciting potential for a buyer ready to make it their own. Inside, you'll find generous living spaces, hardwood floors, three bedrooms, and a layout that offers a great starting point for thoughtful updates and modernization. Bring your ideas and imagine the possibilities! Enjoy outdoor space for relaxing or entertaining, along with river views that add to the home's appeal. Conveniently located with easy access to downtown Haverhill, shopping, dining, commuter routes, and area amenities. Whether you're looking to create your own home or take on your next renovation project, 360 Water Street offers a wonderful opportunity to add your personal touch and unlock its full potential.

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: 668 sq ft (the lesser of 900 sq ft or half the 1,335 sq ft principal dwelling). Lot size: 6,100 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 MLS and other third-party data may be inaccurate or out of date.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.

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