Active
39 Days on market
40 Phoebe St #101 Methuen — Photo 1 of 42

40 Phoebe St #101 Methuen — Photo 1 of 42

$825,000

Investment Analysis — 40 Phoebe St #101

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 1.20% cap rate and $9,920/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,654

Style

Condominium

Built

2021

Welcome to Preserve at Emerald Pines a Toll Brothers built community! This well maintained 3-bedroom model offers a first floor primary with an open-concept floor plan designed for everyday comfort and entertaining & an unfinished basement with full slider doors ready to put your design on it. The updated white kitchen features stainless steel appliances, granite countertops, and a spacious peninsula overlooking the sun-filled living and dining area with soaring ceilings. The maintenance-free balcony provides the perfect place to enjoy your morning coffee or unwind at the end of the day. The oversized primary suite offers a spacious closet, linen closet, and private en-suite bath, while the generously sized second bedroom is ideal for guests, a home office, or hobby room with a full guest bath nearby. Additional highlights include in-unit laundry and central air. Residents enjoy exceptional amenities including an in-ground pool, pickleball and bocce courts, a beautifully appointed club room, community garden, and a vibrant calendar of social events and gatherings. Conveniently located near Tuscan Village, offering an exceptional mix of shopping, dining, entertainment, and seasonal events, with easy access to major highways and everyday conveniences.

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$825,000
Annual Taxes$7,566
HOA Fee$648

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms7
Fireplaces1
FlooringTile, Carpet, Engineered Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningMA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Oven • Dishwasher • Microwave • Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Walk/Jog Trails • Golf • Medical Facility

Geography

Property History

Listed
$825,000

Aug 4, 2026

MLS® 73558694

Terminated
$799,900

Jul 17, 2026

MLS® 73475780

Listed
$799,900

Feb 10, 2026

MLS® 73475780

Listing Provided By

Listing Agent: The Movement Group

Listing Office: Compass

MLS® Number: 73558694