Active
45 Days on market
36 Phoebe St #36 Methuen — Photo 1 of 42

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.

View Standard Listing

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.

Open Houses

Property Details

Financials

Original Price$914,900
Annual Taxes$7,973
HOA Fee$648

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Carpet, Engineered Hardwood, Flooring - Engineered Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningMA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Golf • Highway Access • Adult Community

Geography

Floorplan Breakdown

Structural Layout

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

19.25 x 15.416666666

Ceiling Fan(s), Vaulted Ceiling(s), Deck - Exterior, Recessed Lighting, Flooring - Engineered Hardwood

Dining Room
Lvl First

11.75 x 16.083333333

Cathedral Ceiling(s), Chair Rail, Recessed Lighting

Kitchen
Lvl First

13.25 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 First

12.75 x 11.083333333

Ceiling Fan(s), Ceiling - Vaulted, Flooring - Engineered Hardwood

Family Room
Lvl Second

25.416666666 x 22.166666666

Recessed Lighting, Flooring - Engineered Hardwood

Master Bedroom
Lvl First

14.916666666 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 Second

15.166666666 x 11.416666666

Bedroom 3
Lvl Second

14.833333333 x 13.083333333

Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

5.166666666 x 7.416666666

Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting, Pedestal Sink

Bathroom 2
Lvl First

8.416666666 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 Second

10.916666666 x 7.416666666

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Recessed Lighting

Listing Provided By

Listing Agent: Derek T. Beatrice

Listing Office: Real Broker MA, LLC

MLS® Number: 73556268