
24 Monroe St Amesbury — Photo 1 of 42
$875,000
Investment Analysis — 24 Monroe St
Amesbury, MA 01913
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01913 carries an estimated $3,390/mo in gross rent — about a 2.18% cap rate and $19,047/yr in estimated NOI at the $875,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,784
Style
Single Family
Built
2005
Remember when a home was the place everyone ended up? Bikes in the driveway, friends wandering in through the garage, music playing from another room, and somebody asking what was for dinner? 24 Monroe Street has that feeling. It is built for real life, big memories, and just enough space to occasionally hide from the people you love. This 2005 Colonial offers 2,784 square feet, four bedrooms, two and a half baths, and a layout that feels both open and traditional. The front porch is ready for morning coffee, Halloween candy duty, and highly qualified neighborhood observation. Wood floors and crown molding warm the first floor. The living room’s gas fireplace is made for chilly evenings, while the dining room can handle holiday dinners or Tuesday night takeout served on the good plates. The kitchen features stainless steel appliances and opens to the family room, keeping the cook connected to the action. A first floor office offers a place to work, create, or close the door and pretend you cannot hear what is happening elsewhere. Upstairs, the main suite has a coffered ceiling, walk in closet, and private bath with a Jacuzzi tub and separate shower. Three more bedrooms offer room for guests, hobbies, or whatever comes next. Second floor laundry means no hauling baskets up and down the stairs like a pioneer, an important advancement for society. The finished basement has a wet bar and room for movies, games, workouts, or watching the Patriots and Red Sox test your loyalty and cardiovascular health. Boston sports fans do not relax. We pace, shout helpful advice at the television, and swear we are done until the next game.Outside, the newly fenced backyard and shaded patio offer privacy, while deer and foxes occasionally visit the back hill to remind you they were here first. An attached two car garage, additional parking, transferable solar panels, and included appliances make life easier. The central air system is not currently operational, so the seller will provide a credit at closing toward replacement. The Training Field is right down Monroe Street. Downtown Amesbury’s restaurants, breweries, historic mills, and Riverwalk are a quick trip away. Cider Hill Farm is about five minutes from your front door, which sounds convenient until you realize how dangerously accessible cider donuts have become. Spacious without feeling cavernous and polished without feeling precious, 24 Monroe Street is ready for the moments that make a house feel like home.
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 2,784 sq ft principal dwelling). Lot size: 8,616 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12.916666666 x 13.25
Flooring - Wood, Crown Molding
Dining Room
Lvl First12.916666666 x 14.083333333
Flooring - Wood, Crown Molding
Kitchen
Lvl First10.666666666 x 14.083333333
Flooring - Wood, Stainless Steel Appliances
Office
Lvl First11.25 x 8.083333333
Flooring - Wood
Family Room
Lvl First18.833333333 x 15.416666666
Flooring - Wood, Crown Molding
Master Bedroom
Lvl Second21.583333333 x 14.75
Coffered Ceiling(s), Walk-In Closet(s), Flooring - Wood
Bedroom 2
Lvl Second12.666666666 x 10.333333333
Bedroom 3
Lvl Second11.083333333 x 9.083333333
Closet, Flooring - Wood
Bedroom 4
Lvl Second12.916666666 x 11.333333333
Walk-In Closet(s), Flooring - Wood
Bathroom 1
Lvl First2.333333333 x 6.5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second4.75 x 10.333333333
Bathroom - Full, Closet, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second9.666666666 x 10.333333333
Bathroom - Full, Bathroom - With Shower Stall, Closet, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
Listing Agent: Person + Person Group
Listing Office: William Raveis Real Estate
MLS® Number: 73574556