Active Under Contract
10 Days on market
129 Pleasant Valley St Methuen — Photo 1 of 38

129 Pleasant Valley St Methuen — Photo 1 of 38

$625,000

Investment Analysis — 129 Pleasant Valley St

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01844 carries an estimated $2,770/mo in gross rent — about a 3.57% cap rate and $22,320/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,234

Style

Single Family

Built

1961

Situated on a spacious lot of nearly an acre, this expansive ranch offers 3 bedrooms, 2.5 bathrooms, an attached 2 car garage, and a flexible floor plan.The home features comfortable living spaces, hardwood flooring, 2 fireplaces, and a large kitchen. A full walk out basement provides additional possibilities for storage, recreation, a home office, or more future finished space.Outside, the expansive yard offers room to enjoy, entertain, and enjoy the large deck with pool. Conveniently located near shopping, dining, and major commuting routes, this property is ideal for buyers who want to be in a desirable Methuen location! Home Warranty included for 1 year from purchase!

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: 900 sq ft (the lesser of 900 sq ft or half the 2,234 sq ft principal dwelling). Lot size: 39,291 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$625,000
Annual Taxes$2,942.12

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces2
FlooringWood, Tile
BasementFull, Partially Finished, Walk-Out Access, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofAsphalt/Composition Shingles
FoundationConcrete Perimeter
ZoningRC

Property & Lot

Acres0.9
SqFt Lot39,291
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator

Neighborhood

Shopping • Pool • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Basement
Family RoomBathroom 3
Living Room
Lvl First

29.416666666 x 13.083333333

Flooring - Hardwood

Dining Room
Lvl First

8.916666666 x 9.583333333

Kitchen
Lvl First

13.25 x 13.083333333

Flooring - Vinyl

Family Room
Lvl Basement

28 x 26.583333333

Master Bedroom
Lvl First

11.416666666 x 13.583333333

Bedroom 2
Lvl First

12.75 x 13.083333333

Bedroom 3
Lvl First

11.583333333 x 13.083333333

Bathroom 1
Lvl First

10.416666666 x 9.583333333

Bathroom 2
Lvl First

5.583333333 x 7.833333333

Bathroom 3
Lvl Basement

3.916666666 x 6.916666666

Listing Provided By

Listing Agent: Tracey Boies

Listing Office: Better Homes and Gardens Real Estate - The Masiello Group

MLS® Number: 73571341