
40 Rossi St Methuen — Photo 1 of 42
$590,000
Investment Analysis — 40 Rossi St
Methuen, MA 01844
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01844 carries an estimated $2,310/mo in gross rent — about a 2.64% cap rate and $15,573/yr in estimated NOI at the $590,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,512
Style
Single Family
Built
1958
An exceptional yard and a quiet dead-end setting make this Cape a special place to call home. Inside, bamboo flooring runs throughout the main living areas, and a beautifully maintained kitchen with granite countertops opens to the dining room -- keeping meals and gatherings connected. A first-floor bedroom features built in shelves and desk space, while the oversized upstairs primary offers a walk-in closet and access to a private office area and three-quarter bath. Looking for a third bedroom? The office provides a flexible option with the addition of a door. Many updates including both bathrooms recently renovated as well as recessed lighting & ceiling fans throughout adding both comfort and appeal. Step outside to a fenced backyard with ample room to entertain, garden or simply relax. A deck, patio and connecting walkways create inviting outdoor spaces, with a spacious shed providing extra storage. Just off the deck, the hot tub enjoys a sheltered setting thoughtfully designed to preserve views of the sky. A one-car garage, spacious lower level ready for finishing and convenient location round out this thoughtfully maintained home. This one must be seen. Make your appointment today and judge for yourself.
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: 756 sq ft (the lesser of 900 sq ft or half the 1,512 sq ft principal dwelling). Lot size: 10,799 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First12.833333333 x 11.25
Ceiling Fan(s), Flooring - Hardwood, Balcony / Deck, Exterior Access, Recessed Lighting, Remodeled
Dining Room
Lvl Main,First14.083333333 x 11.25
Flooring - Hardwood, Window(s) - Picture, Exterior Access, Recessed Lighting, Lighting - Overhead
Kitchen
Lvl Main,First9.166666666 x 11.75
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting
Office
Lvl Second10.5 x 13.1
Flooring - Wall to Wall Carpet, Recessed Lighting
Primary Bedroom
Lvl Second16.416666666 x 20.916666666
Bathroom - 3/4, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting
Bedroom 2
Lvl Main,First9.833333333 x 11.416666666
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Remodeled
Bathroom 2
Lvl SecondBathroom - 3/4, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid, Remodeled
Listing Agent: Team Sonia Rollins & Associates
Listing Office: EXIT Premier Real Estate
MLS® Number: 73584544








