
40 Westland Ter Haverhill — Photo 1 of 37
$899,000
Investment Analysis — 40 Westland Ter
Haverhill, MA 01830
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 6-bedroom in 01830 carries an estimated $2,930/mo in gross rent — about a 2.04% cap rate and $18,379/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2.5
SqFt
6,270
Style
Single Family
Built
1896
A remarkable piece of Haverhill history, this grand Queen Anne Victorian was built in 1896 for Myron Whitcomb and later thoughtfully renovated/restored by The Frieswick family. Celebrated for its exceptional architecture and craftsmanship, the residence stands among the city’s most impressive historic homes. From the moment you enter, the scale, artistry, and attention to detail are unmistakable. Highlights include richly detailed mahogany woodwork, intricate carvings, leaded glass cabinetry, stained glass windows, oak and parquet flooring, and six fireplaces. Original wainscoting, including sections accented by Grecian columns, adds character throughout, crown molding, beamed ceilings, and original hardware and light fixtures further showcase the home’s period craftsmanship. The dramatic staircase and surrounding stained glass are particularly striking. Additional historic details include original marble sinks, a first- and second floor foyer, and a butler’s pantry. While preserving its historic character, the property has also benefited from important modern improvements, including Hardie Plank siding and a new heating system. A rare opportunity to own a beautifully preserved Victorian residence where architectural history, craftsmanship, and timeless elegance come together.
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 6,270 sq ft principal dwelling). Lot size: 13,852 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
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstPrimary Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBedroom 5
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondBathroom 3
Lvl SecondListing Agent: Victor Paulino
Listing Office: Engel & Volkers By the Sea
MLS® Number: 73575874
