115 West Street Methuen — Photo 1 of 1
$249,900
Investment Analysis — 115 West Street
Methuen, MA 01844
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a home in 01844 carries an estimated $1,590/mo in gross rent — about a 4.66% cap rate and $11,653/yr in estimated NOI at the $249,900 list price. Adjust every assumption in the calculator below.
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Residential
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A rare opportunity for the buyer seeking a distinctive property with historic character, a wooded setting, and the potential to create a one-of-a-kind home while preserving an important piece of the property’s history. The property is located within an area subject to Methuen Historical Society guidelines, and the previous plans for rebuilding have expired. Buyers due diligence. Any proposed plans will require review and approval through the appropriate City and historical processes, and certain materials and design elements must comply with applicable historical guidelines.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Pool • Park • Walk/Jog Trails • Stable(s) • Golf • Laundromat
Geography
Property History
$249,900
Sep 4, 2026
MLS® 73572122
$299,999
Nov 13, 2025
MLS® 73226083
$299,999
Apr 18, 2024
MLS® 73226083
Listing Agent: Vanessa Anamisis
Listing Office: Century 21 North East
MLS® Number: 73572122
