720 Hypine Rd Dracut — Photo 1 of 21
$549,900
Investment Analysis — 720 Hypine Rd
Dracut, MA 01826
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01826 carries an estimated $2,790/mo in gross rent — about a 3.83% cap rate and $21,042/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,320
Style
Single Family
Built
1990
This adorable colonial stands near the top of Hypine road. Featuring a fenced yard and spacious deck it is perfect for enjoying fall afternoons. Inside boasts an open concept kitchen with a functional U shape granite counters and a gas range. The dining area is in the front of space and features great natural light from the french door. The spacious living room is perfect for entertaining. A half bath completes the first floor. Upstairs there is a full bathroom, guest bedroom and nicely sized primary. The third floor is all open and could be used as a third bedroom or additional living space. The unfinished basement is ready for your ideas! Come take a look!
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: 660 sq ft (the lesser of 900 sq ft or half the 1,320 sq ft principal dwelling). Lot size: 4,435 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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Timothy Morgan
Listing Office: RE/MAX Innovative Properties
MLS® Number: 73576082