220 River Rd Lowell — Photo 1 of 35
$740,000
Investment Analysis — 220 River Rd
Lowell, MA 01852
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01852 carries an estimated $2,590/mo in gross rent — about a 2.06% cap rate and $15,222/yr in estimated NOI at the $740,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,346
Style
Single Family
Built
2001
River views, abundant space & a location that puts you close to it all! Set along the Merrimack River in sought after Belvidere, this contemporary cape offers character, functionality & natural beauty. Inside soaring ceilings, oversized windows, HW floors & a gas fireplace creates a warm welcome. The main level flows easily from the living RM into the dining, RM & eat-in kitchen, 1/2 Bath along w/ a 1st floor primary suite w/ BA & WIC. Upstairs, an expansive 350+SF lofted family RM captures water views, along w/ 2 addt’l BDRMS & a full BA. Outside, mature trees frame theproperty, while fruit trees, a 10x10 deck & the sights & sounds of the Merrimack create a peaceful backdrop. Additionalhighlights: 2-car garage, storage space in the unfinished basement, a 2023 architectural shingle roof, french drain,central AC & more. Enjoy being under 15 minutes to I-495, golf, the Tsongas Center, restaurants, parks & more.Showings begin immediately.
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 2,346 sq ft principal dwelling). Lot size: 10,454 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Listing Agent: Blood Team
Listing Office: Keller Williams Realty - Merrimack
MLS® Number: 73568704
