6 Partridge Rd Methuen — Photo 1 of 40
$625,000
Investment Analysis — 6 Partridge Rd
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 3.11% cap rate and $19,452/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,772
Style
Single Family
Built
1984
This split-level home offers 3 bedrooms, a living room, 1 full bath on the main level and provides comfortable living space with a practical layout. The finished lower level adds valuable additional living space perfect for a family room, recreation area or home office and features a fireplace and ¾ bath. A bright sunroom offers a pleasant space to relax and enjoy the changing seasons. Additional features include a 1-car garage, Central AC, irrigation system and whole-house backup generator for added convenience and peace of mind. Handicapped accessible with chairlift from lower level and walk-in tub. Some updating will be needed, providing an opportunity to make this home your own and add value over time. This is a great opportunity in a sought-after neighborhood with plenty of potential.
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: 886 sq ft (the lesser of 900 sq ft or half the 1,772 sq ft principal dwelling). Lot size: 10,001 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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Medical Facility • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Dining Room
Lvl FirstFlooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Family Room
Lvl BasementFlooring - Wall to Wall Carpet, Exterior Access
Master Bedroom
Lvl FirstFlooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile, Handicap Equipped
Bathroom 2
Lvl BasementBathroom - 3/4, Dryer Hookup - Electric, Washer Hookup
Listing Agent: Andrew Mcaloon
Listing Office: Century 21 McLennan & Company
MLS® Number: 73569926