100 Merrimack Avenue #117 Dracut — Photo 1 of 23
$350,000
Investment Analysis — 100 Merrimack Avenue #117
Dracut, 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 4.24% cap rate and $14,848/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,185
Style
Condominium
Built
1986
Welcome to this spacious two-bedroom garden condo offering a comfortable, open layout and plenty of natural light. The main living area provides flexible space for both relaxing and dining, with a sliding glass door opening directly to the outdoors. The kitchen offers ample cabinetry and counter space, newer stainless-steel appliances, including a gas range, and a bright window above the sink. Both bedrooms are generously sized with plenty of closet space, while additional closets throughout the unit provide valuable storage. Central air, easy-care flooring, and convenient one-level living complete the package. This home presents an excellent opportunity to personalize the space and make it your own. Conveniently located near shopping, dining, and commuter routes.
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Pool • Tennis Court(s) • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl MainFlooring - Wall to Wall Carpet, Exterior Access, Open Floorplan, Slider
Dining Room
Lvl MainFlooring - Laminate, Open Floorplan
Primary Bedroom
Lvl nullCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl nullBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Mary Mccauley
Listing Office: Keller Williams Realty-Merrimack
MLS® Number: 73556888