Investment Analysis — 37 Karen St

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 3.10% cap rate and $21,695/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,850

Style

Single Family

Built

1965

Completely remodeled colonial located close to shopping, schools, public transportation and more. This amazing home boasts 4-5 bedrooms, 3 full baths, finished basement, fenced in yard w/ off street parking. The master bedroom has vaulted ceilings, walk in closet, master bath with walk in tiled shower, large double sink vanity and recessed lighting. The home also has new vinyl plank and tile flooring, new electrical w / recessed lighting through out, new plumbing w/ on demand hot water, new heating / AC units. The exterior offers new vinyl siding, new black windows, expansive deck newly stained, architectural shingle roof and solar panels. The newly remodeled basement has two finished rooms w/ walk out, laundry and utility room w/ some storage. **Seller to contribute $5,000.00 back at closing to install new 4 car driveway.

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 2,850 sq ft principal dwelling). Lot size: 5,663 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 MLS and other third-party data may be inaccurate or out of date.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.