
19 Appaloosa Drive Methuen — Photo 1 of 36
$649,900
Investment Analysis — 19 Appaloosa Drive
Methuen, MA 01844
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01844 carries an estimated $3,060/mo in gross rent — about a 3.40% cap rate and $22,123/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,892
Style
Single Family
Built
1984
Location! Location! Location! Welcome to this classic Colonial ideally situated in an established westside cul-de-sac neighborhood moments from Route 93.Warm oak flooring, new carpeting, fresh paint, and updated lighting create a bright, inviting interior throughout. The spacious floor plan offers 4 good sized bedrooms,1st floor home office/den, living, family and dining rooms and 1 & 1/2 baths. Outside, enjoy the breezy screened porch featuring a cathedral ceiling with fan—a private, peaceful retreat overlooking the front and backyards. Additional highlights include a pull down attic for storage, a full walk-out basement offering expansion opportunities and access to the garage, a young roof and a desirable location close to major commuting routes and area amenities.Septic System-Sellers are installing a BRAND NEW septic system with the possibility of closing with an escrow holdback, or are receptive to selling the property “as is,” with the buyer assuming responsibility for the septic system and will convey approved engineering plans with the sale.Price reflects new system install and windows & exterior trim work needed. Don't miss this great opportunity to make this solid home your own and build equity in a great location that will retain value.
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 1,892 sq ft principal dwelling). Lot size: 20,234 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Shopping • Highway Access • Sidewalks
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First15.833333333 x 14.166666666
Wood / Coal / Pellet Stove, Flooring - Hardwood, Chair Rail, Exterior Access
Dining Room
Lvl Main,First9.5 x 13.416666666
Window(s) - Picture, Exterior Access, Open Floorplan, Lighting - Overhead
Kitchen
Lvl Main,First9.666666666 x 11.416666666
Flooring - Stone/Ceramic Tile, Lighting - Overhead
Office
Lvl Main10.833333333 x 11.416666666
Flooring - Hardwood, Lighting - Overhead
Family Room
Lvl Main,First15.25 x 14.083333333
Flooring - Wall to Wall Carpet
Master Bedroom
Lvl Second15.25 x 14.166666666
Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second13.5 x 14.166666666
Bedroom 3
Lvl Second11.666666666 x 11.416666666
Flooring - Wall to Wall Carpet, Closet - Double
Bedroom 4
Lvl Second10.833333333 x 11.416666666
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First4.333333333 x 5.75
Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 2
Lvl Second7.666666666 x 7.166666666
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity
Listing Agent: Chrisanne Connolly
Listing Office: Wilson Wolfe Real Estate
MLS® Number: 73561488
