
12 Barnard Rd Lawrence — Photo 1 of 25
$548,990
Investment Analysis — 12 Barnard Rd
Lawrence, MA 01843 — South Lawrence
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01843 carries an estimated $2,870/mo in gross rent — about a 3.86% cap rate and $21,217/yr in estimated NOI at the $548,990 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,526
Style
Single Family
Built
1970
Welcome to 12 Barnard Rd, a lovely raised ranch located in the desirable Mount Vernon section of South Lawrence. This home offers a very nice and comfortable layout with beautiful hardwood flooring throughout the main level, good natural light, and an easy flow between the living, dining, and kitchen spaces. The finished lower level provides valuable additional space with tile flooring, offering flexibility for a home office, hobby area, playroom, and/or guest space. The home has had some updates over time and also offers a wonderful opportunity for the next owner to make personal updates and create a space that truly feels like their own. Set on a spacious fenced in lot, the backyard is one of the property’s standout features, with room for outdoor entertaining, gardening, play, or simply enjoying the yard. The property also includes an inground pool, currently not operational and in need of repair, offering future potential for the next owner. Located close to Mount Vernon Park and convenient to shopping, area amenities, I-495, Route 114, and the Lawrence commuter rail, this home offers a desirable neighborhood setting with everyday convenience. With its hardwood floors, finished lower-level space, generous fenced yard, and Mount Vernon location, there is a lot to appreciate here.
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: 763 sq ft (the lesser of 900 sq ft or half the 1,526 sq ft principal dwelling). Lot size: 12,902 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First10.9 x 12.4
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Dining Room
Lvl First10.9 x 10.6
Ceiling Fan(s), Flooring - Hardwood
Kitchen
Lvl Main,First7.7 x 10.3
Flooring - Stone/Ceramic Tile
Office
Lvl Basement10.7 x 11.5
Flooring - Stone/Ceramic Tile
Master Bedroom
Lvl Main,First14.1 x 10.3
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Main,First11.4 x 12.4
Bedroom 3
Lvl Main,First9.6 x 8.11
Ceiling Fan(s), Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Closet, Flooring - Stone/Ceramic Tile
Listing Agent: Carolyn Corbett
Listing Office: Century 21 North East
MLS® Number: 73565919
