9 Varnum Street Haverhill — Photo 1 of 33
$398,000
Investment Analysis — 9 Varnum Street
Haverhill, MA 01835
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01835 carries an estimated $2,970/mo in gross rent — about a 5.78% cap rate and $23,011/yr in estimated NOI at the $398,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,743
Style
Single Family
Built
1920
Family owned for generations and now celebrating 100 years, this immaculate and well-preserved home offers 4 to 5 bedrooms, including the potential for a first-floor bedroom configuration. It features a helpful handicap-accessible ramp for easy entry. Inside, you will find beautiful hardwood floors with an aged patina. The living room boasts custom built-ins and a boxed beamed ceiling, while the dining room includes its own built-in cabinet and opens up to a three-season porch. There is also an eat-in kitchen that provides direct access to a spacious deck and a fenced-in yard. The second floor houses four good-sized bedrooms and a half bath. Additionally, the home has received several recent updates, including a new furnace, vinyl siding, replacement windows, and a new hot water tank. It is truly time for new beginnings in this wonderful home.
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: 872 sq ft (the lesser of 900 sq ft or half the 1,743 sq ft principal dwelling). Lot size: 2,278 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 • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstBeamed Ceilings, Flooring - Hardwood, Lighting - Sconce
Dining Room
Lvl Main,FirstFlooring - Hardwood
Kitchen
Lvl Main,FirstDining Area, Deck - Exterior, Exterior Access
Family Room
Lvl Main,FirstFlooring - Hardwood
Master Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Half
Listing Agent: Edward Mahoney
Listing Office: Diamond Key Real Estate
MLS® Number: 73573089