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4 Days on market
37 Riverdale Ave Haverhill — Photo 1 of 33

37 Riverdale Ave Haverhill — Photo 1 of 33

$879,000

Investment Analysis — 37 Riverdale Ave

Haverhill, MA 01835 — Bradford

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01835 carries an estimated $2,690/mo in gross rent — about a 2.09% cap rate and $18,372/yr in estimated NOI at the $879,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,520

Style

Single Family

Built

1940

Rare opportunity for private WATERFRONT living on the river! With 90 ft of riverfront set along a quiet stretch with limited docks and boat traffic, this property offers direct water access with a floating dock included—enjoy boating, kayaking, fishing or simply relaxing by the water from your own backyard. The 3-bedroom home offers spacious rooms, solid bones and plenty of potential to make it your own, along with upgrades including granite kitchen counters, efficient hydronic radiant floor heating in portions of the home and a tankless water heater. The first floor features four generously sized rooms with full bath, including a living room with wood-burning stove. Upstairs are 3 bedrooms and a second full bath; the front-to-back primary bedroom includes a walk-in closet. Outside, enjoy an inground pool with gazebo, garden area and blueberry and raspberry bushes, Concord and Chardonnay grapevines, and an Asian pear tree. A large covered deck with hot tub and natural gas grill expands the outdoor living space. An impressive detached garage offers workshop space, walk-up storage and a pool room. The semi-finished lower level in the home adds a wet bar and exercise area. A unique property with tremendous potential where waterfront access, recreation and privacy take center stage!

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 2,520 sq ft principal dwelling). Lot size: 26,288 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$879,000
Annual Taxes$6,161

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms7
Fireplaces1
Flooring--
BasementFull, Partially Finished, Walk-Out Access

Climate & Utilities

HeatingBaseboard, Natural Gas, Hydronic Floor Heat(Radiant)
CoolingNone
WaterPrivate
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRH

Property & Lot

Acres0.6
SqFt Lot26,288
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Trash Compactor • Refrigerator • Washer • Dryer • Water Softener • Instant Hot Water

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchenFamily RoomBathroom 2
Living Room
Lvl First

23 x 13

Wood / Coal / Pellet Stove, Ceiling Fan(s), Flooring - Hardwood

Dining Room
Lvl First

12 x 12

Ceiling Fan(s), Flooring - Hardwood

Kitchen
Lvl First

13 x 12

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Peninsula

Family Room
Lvl First

23 x 10

Ceiling Fan(s), Closet, Flooring - Hardwood, Deck - Exterior, Recessed Lighting

Primary Bedroom
Lvl Second

23 x 12

Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second

13 x 11

Bedroom 3
Lvl Second

13 x 11

Ceiling Fan(s), Closet, Flooring - Vinyl

Bathroom 1
Lvl Second

10 x 5

Bathroom - Full, Skylight, Flooring - Stone/Ceramic Tile, Double Vanity, Pocket Door

Bathroom 2
Lvl First

7 x 6

Bathroom - Full, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Dennis Marks

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73574832