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37 Karen St Lowell — Photo 1 of 17

37 Karen St Lowell — Photo 1 of 17

$699,900

Investment Analysis — 37 Karen St

Lowell, MA 01851

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 4-bedroom in 01851 carries an estimated $3,010/mo in gross rent — about a 3.10% cap rate and $21,695/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,850

Style

Single Family

Built

1965

Newly remodeled colonial located close to shopping, schools, public transportation and more. This home has been completely remodeled to include new kitchen, 3 new full bathrooms, new paint throughout, new vinyl plank and tile flooring, new electrical, new plumbing w/ on demand hot water and new heating / AC units. The exterior offers new vinyl siding, new black windows, expansive deck newly stained, architectural shingle roof and solar panels. The home also has a finished basement with additional bedroom/ family room, office, laundry and storage.

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 2,850 sq ft principal dwelling). Lot size: 5,663 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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$699,900
Annual Taxes$5,756

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms9
FireplacesNone
FlooringTile
BasementFull, Partially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningTSF

Property & Lot

Acres0.13
SqFt Lot5,663
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenBedroom 4Bathroom 1
Basement
OfficeFamily Room
Living Room
Lvl First

Flooring - Vinyl

Dining Room
Lvl First

Flooring - Vinyl

Kitchen
Lvl First

Flooring - Vinyl

Office
Lvl Basement
Family Room
Lvl Basement

Flooring - Vinyl

Primary Bedroom
Lvl Second

Flooring - Vinyl

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Vinyl

Bedroom 4
Lvl First

Flooring - Vinyl

Bathroom 1
Lvl First

Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Timothy R. Shanahan

Listing Office: Merrimack Realty Group, Chelmsford

MLS® Number: 73575111