Active
113 Days on market
1064 Lakeview Ave Dracut — Photo 1 of 30

1064 Lakeview Ave Dracut — Photo 1 of 30

Recent Drop: $50,000

$580,000
$530,000

$530,000

Investment Analysis — 1064 Lakeview Ave

Dracut, MA 01826

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01826 carries an estimated $3,080/mo in gross rent — about a 4.42% cap rate and $23,402/yr in estimated NOI at the $530,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

1,615

Style

Single Family

Built

1956

Don't miss this opportunity to own a spacious4-bedroom,1 bath Ranch set on 2.5 acres of land in desirable section of Dracut. Offering 1615 sq ft. Of living space, this home provides a great layout and plenty of room to expand and make it your own. Enjoy the large lot while still being close to local amenities, schools and major routes. This property offers great potential for 203 k home buyers, Investors and Contractor's You can also purchase 2 other lots behind this home on 37 & 40 Book Street in Dracut Contractor's maybe you could combine this home with the 2.5 acres along with the two parcels on Book Street with permission an permits from the town and build multi units.....

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: 808 sq ft (the lesser of 900 sq ft or half the 1,615 sq ft principal dwelling). Lot size: 124,146 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.

Property Details

Financials

Original Price$580,000
Annual Taxes$4,688

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
FireplacesNone
FlooringCarpet, Laminate, Hardwood
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete

Climate & Utilities

HeatingBaseboard
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR3

Property & Lot

Acres2.85
SqFt Lot124,146
Lot FeaturesCorner Lot, Wooded, Additional Land Avail., Sloped

Amenities & Appliances

Gas Water Heater • Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Stable(s) • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bedroom 4
Living Room
Lvl First

12 x 16

Flooring - Hardwood

Dining Room
Lvl First

14 x 20

Flooring - Hardwood

Kitchen
Lvl First

12 x 16

Flooring - Laminate

Master Bedroom
Lvl First

14 x 16

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

11 x 10

Bedroom 3
Lvl First

11 x 11

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl First

11 x 11

Closet, Flooring - Wall to Wall Carpet

Property History

Price Drop
$530,000

Was $580,000

Jul 7, 2026

MLS® 73522814

Listed
$580,000

May 22, 2026

MLS® 73522814

Listing Provided By

Listing Agent: Tony Ducharme

Listing Office: Berkshire Hathaway HomeServices Verani Realty Methuen

MLS® Number: 73522814