
36 Phoebe St #36 Methuen — Photo 1 of 42
$914,900
Investment Analysis — 36 Phoebe St #36
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 1.04% cap rate and $9,513/yr in estimated NOI at the $914,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,649
Style
Condominium
Built
2023
Welcome to 36 Phoebe Street in the highly sought-after Preserve at Emerald Pines! This exceptional Bucknell Manor home offers sophisticated, low-maintenance living with over $120,000 in builder upgrades and owner improvements. Perfectly positioned on a premium homesite overlooking expansive green space. The thoughtfully designed open-concept floor plan features a dramatic two-story foyer, private first-floor office, spacious great room, elegant dining area, and an upgraded chef's kitchen complete with JennAir 36” Range-top, Samsung Bespoke Refrigerator with Door Display & Flex Zone, oversized quartz island, upgraded cabinetry, designer backsplash, and premium finishes. Rich engineered hardwood flooring flows throughout the main living areas, creating warmth and continuity. The luxurious first-floor primary suite showcases an expanded layout with a custom walk-in closet system and a beautifully appointed spa-inspired bath featuring a tiled walk-in shower, quartz vanity, upgraded cabinetry, and designer tile selections. Upstairs you'll find two generously sized bedrooms, a full bath, spacious loft, and additional flex space ideal for guests, hobbies, fitness area or a second living area. Every detail has been thoughtfully enhanced, including custom interior paint, cordless blinds, remote-controlled dining room blinds, ceiling fans, upgraded designer lighting, custom trim work, laundry room cabinetry, custom pantry shelving, built-in closet systems throughout, and a fully organized garage. Smart home features include Ring doorbell, WiFi prewire, recessed lighting, TV prewiring, garage wired for EV Charging station and numerous electrical upgrades. Step outside to enjoy the professionally designed paver patio with dining area and grilling space overlooking beautifully landscaped grounds and peaceful open space—perfect for relaxing or entertaining. Located in one of Methuen's premier 55+ communities, residents enjoy exceptional amenities including a clubhouse, fitness center, heated outdoor pool, pickleball and bocce courts, walking trails, and a vibrant social lifestyle. This is a rare opportunity to own one of Emerald Pines' most upgraded Bucknell Manor homes, where luxury, comfort, and convenience come together beautifully.
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
Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Golf • Highway Access • Adult Community
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19.25 x 15.416666666
Ceiling Fan(s), Vaulted Ceiling(s), Deck - Exterior, Recessed Lighting, Flooring - Engineered Hardwood
Dining Room
Lvl First11.75 x 16.083333333
Cathedral Ceiling(s), Chair Rail, Recessed Lighting
Kitchen
Lvl First13.25 x 16.333333333
Closet/Cabinets - Custom Built, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant, Flooring - Engineered Hardwood
Office
Lvl First12.75 x 11.083333333
Ceiling Fan(s), Ceiling - Vaulted, Flooring - Engineered Hardwood
Family Room
Lvl Second25.416666666 x 22.166666666
Recessed Lighting, Flooring - Engineered Hardwood
Master Bedroom
Lvl First14.916666666 x 13.25
Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Recessed Lighting, Lighting - Sconce, Tray Ceiling(s)
Bedroom 2
Lvl Second15.166666666 x 11.416666666
Bedroom 3
Lvl Second14.833333333 x 13.083333333
Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First5.166666666 x 7.416666666
Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting, Pedestal Sink
Bathroom 2
Lvl First8.416666666 x 13.25
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Recessed Lighting
Bathroom 3
Lvl Second10.916666666 x 7.416666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Recessed Lighting
Listing Agent: Derek T. Beatrice
Listing Office: Real Broker MA, LLC
MLS® Number: 73556268