Active
22 Days on market
2 Phoebe St #2 Methuen — Photo 1 of 40

2 Phoebe St #2 Methuen — Photo 1 of 40

$835,000

Investment Analysis — 2 Phoebe St #2

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01844 carries an estimated $2,770/mo in gross rent — about a 1.03% cap rate and $8,566/yr in estimated NOI at the $835,000 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

2.5

SqFt

2,507

Style

Condominium

Built

2021

Priced to sell and designed for effortless living, this exceptional Bucknell Manor-style home is nestled within one of Methuen’s premier 55+ gated communities. End unit with a private entrance. A dramatic two-story foyer welcomes you into a bright, open-concept floor plan. The stunning chef's kitchen flows seamlessly into a light-filled living room, formal dining area, and dedicated home office. Enjoy the convenience of a first-floor primary bedroom suite, complete with a walk-in closet and an expansive, modern tiled shower. Upstairs, an open family room anchors two additional spacious bedrooms—each boasting walk-in closets—and a full bath with a double vanity. The massive lower level offers abundant storage and endless potential. Move-in ready and thoughtfully upgraded, this property grants access to resort-style amenities, including a luxury clubhouse, fitness center, swimming pool, pickleball and bocce courts, and a community garden. Live the maintenance-free lifestyle you deserve!

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$835,000
Annual Taxes$8,920
HOA Fee$648

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms9
Fireplaces1
FlooringFlooring - Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningMA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Oven • Dishwasher • Microwave • Refrigerator

Neighborhood

Adult Community

Geography

Floorplan Breakdown

Structural Layout

Second
Family RoomBedroom 2Bedroom 3Bathroom 3
First
Living RoomDining RoomKitchenOfficeMaster BedroomBathroom 1Bathroom 2
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Wood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Lighting - Pendant

Office
Lvl First

Flooring - Hardwood

Family Room
Lvl Second

Flooring - Wall to Wall Carpet

Master Bedroom
Lvl First

Bathroom - 3/4, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - 3/4

Bathroom 2
Lvl First

Bathroom - Half

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink

Listing Provided By

Listing Agent: Mary Koontzdaher

Listing Office: Weichert Realtors' Daher Companies

MLS® Number: 73566730