37 Karen St Lowell — Photo 1 of 17
$699,900
Investment Analysis — 37 Karen St
Lowell, MA 01851
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 4-bedroom in 01851 carries an estimated $3,010/mo in gross rent — about a 3.10% cap rate and $21,695/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,850
Style
Single Family
Built
1965
Newly remodeled colonial located close to shopping, schools, public transportation and more. This home has been completely remodeled to include new kitchen, 3 new full bathrooms, new paint throughout, new vinyl plank and tile flooring, new electrical, new plumbing w/ on demand hot water and new heating / AC units. The exterior offers new vinyl siding, new black windows, expansive deck newly stained, architectural shingle roof and solar panels. The home also has a finished basement with additional bedroom/ family room, office, laundry and storage.
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 2,850 sq ft principal dwelling). Lot size: 5,663 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 MLS and other third-party data may be inaccurate or out of date.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
Gas Water Heater • Range • Dishwasher • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Vinyl
Dining Room
Lvl FirstFlooring - Vinyl
Kitchen
Lvl FirstFlooring - Vinyl
Office
Lvl BasementFamily Room
Lvl BasementFlooring - Vinyl
Primary Bedroom
Lvl SecondFlooring - Vinyl
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Vinyl
Bedroom 4
Lvl FirstFlooring - Vinyl
Bathroom 1
Lvl FirstFlooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondFlooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondFlooring - Stone/Ceramic Tile
Listing Agent: Timothy R. Shanahan
Listing Office: Merrimack Realty Group, Chelmsford
MLS® Number: 73575111
