3 Tyler St. Methuen — Photo 1 of 36
$565,000
Investment Analysis — 3 Tyler St.
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 3.54% cap rate and $20,015/yr in estimated NOI at the $565,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,435
Style
Single Family
Built
1950
Welcome to 3 Tyler Street! This inviting 3-bedroom home offers comfortable living space, a spacious yard, and a convenient West Methuen location. The main level features inviting living spaces with hardwood floors, a functional kitchen, and bedrooms offering flexibility for family, guests, or a home office. Head downstairs to discover a finished basement complete with a full bar, family room, toy room, or workout space. A pellet stove adds warmth and creates the perfect atmosphere for relaxing, watching the game, entertaining, or enjoying time with family and friends. The basement also offers a large unfinished laundry and storage area, providing plenty of room to keep everything organized.Outside, enjoy new landscaping and a back patio and walkway completed in 2019, creating a welcoming space for relaxing, gardening, and entertaining. The home was fully insulated through Mass Save in 2021, providing an important energy-efficiency upgrade.Ideally located near shopping, dining, schools, parks, and major commuter routes, 3 Tyler Street offers the space, flexibility, and location you've been looking for. Come see all this home has to offer!
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: 718 sq ft (the lesser of 900 sq ft or half the 1,435 sq ft principal dwelling). Lot size: 10,715 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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access
Geography
Listing Agent: Windward & Main Realty Group
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73575018