53 Phoebe St #31 Methuen — Photo 1 of 42
$940,000
Investment Analysis — 53 Phoebe St #31
Methuen, MA 01844
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01844 carries an estimated $2,310/mo in gross rent — about a 0.53% cap rate and $4,985/yr in estimated NOI at the $940,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
3.5
SqFt
2,985
Style
Condominium
Built
2020
The sought after Kington end-unit model at The Preserve at Emerald Pines INCLUDING a finished basement! This stunning end unit offers the perfect blend of comfort and luxury with perfect amount of space. Featuring an expansive open floor plan with a dramatic two-story foyer and dining area, an impressive living room with a gas fireplace, and a gourmet kitchen complete with an oversized center island, stainless steel appliances, gas cooktop, & pantry. Sliding glass doors lead to the inviting deck with tranquil wooded views on a crisp summer night in New England The first-floor primary suite boasts two generous closets and a spa-like bath with an oversized shower and spacious dual vanities, providing the storage you've been searching for. Additional highlights include a mudroom, powder room, private office, finished basement level featuring a full bath. Enjoy community amenities including a clubhouse, pool, bocce & more!
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: The Movement Group
Listing Office: Compass
MLS® Number: 73552525