2 Phoebe St #2 Methuen — Photo 1 of 40
$835,000
Investment Analysis — 2 Phoebe St #2
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 1.03% cap rate and $8,566/yr in estimated NOI at the $835,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,507
Style
Condominium
Built
2021
Priced to sell and designed for effortless living, this exceptional Bucknell Manor-style home is nestled within one of Methuen’s premier 55+ gated communities. End unit with a private entrance. A dramatic two-story foyer welcomes you into a bright, open-concept floor plan. The stunning chef's kitchen flows seamlessly into a light-filled living room, formal dining area, and dedicated home office. Enjoy the convenience of a first-floor primary bedroom suite, complete with a walk-in closet and an expansive, modern tiled shower. Upstairs, an open family room anchors two additional spacious bedrooms—each boasting walk-in closets—and a full bath with a double vanity. The massive lower level offers abundant storage and endless potential. Move-in ready and thoughtfully upgraded, this property grants access to resort-style amenities, including a luxury clubhouse, fitness center, swimming pool, pickleball and bocce courts, and a community garden. Live the maintenance-free lifestyle you deserve!
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Microwave • Refrigerator
Neighborhood
Adult Community
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Wood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Lighting - Pendant
Office
Lvl FirstFlooring - Hardwood
Family Room
Lvl SecondFlooring - Wall to Wall Carpet
Master Bedroom
Lvl FirstBathroom - 3/4, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - 3/4
Bathroom 2
Lvl FirstBathroom - Half
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink
Listing Agent: Mary Koontzdaher
Listing Office: Weichert Realtors' Daher Companies
MLS® Number: 73566730
