Active Under Contract
17 Days on market
476 Pelham Rd Dracut — Photo 1 of 26

476 Pelham Rd Dracut — Photo 1 of 26

$649,000

Investment Analysis — 476 Pelham Rd

Dracut, MA 01826

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01826 carries an estimated $3,080/mo in gross rent — about a 3.41% cap rate and $22,148/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,309

Style

Single Family

Built

1973

Welcome to your new home! A unique opportunity to own a Cape-style home with a first-floor primary bedroom in a desirable East Dracut location. The spacious entertainment room features a vaulted, beamed knotty-pine ceiling, recessed lighting, hardwood floors; refinished May 2025, and wood/coal-burning stove—an inviting space for gatherings, movie nights, or simply relaxing. This space leads to an open-concept kitchen/dining area offering stainless steel appliances, quartz countertops, new sink and faucet, tile flooring, and a peninsula with seating. The dining room features crown molding and recently refinished hardwood flooring. The first-floor primary bedroom features a beamed ceiling, while upstairs offers 3 bedrooms; two of which were recently painted and one recently refinished hardwood flooring, plus a ¾ bath. The finished lower-level room provides flexible space for a home office, exercise room, hobby area, or recreation space. Enjoy central A/C, first-floor laundry, a welcoming front porch, and an expansive 0.92-acre (40,033 sq. ft.) corner lot with plenty of room for outdoor activities, gardening, entertaining, or relaxing by the above-ground pool. Recent updates include a heating system installed approximately Fall 2025 and a roof approximately 18 months ago. Conveniently located near the New Hampshire border. A great opportunity for buyers seeking a 4-bedroom Cape-style home with a first-floor primary bedroom, finished lower level, large lot, central A/C, and distinctive character.

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 2,309 sq ft principal dwelling). Lot size: 40,033 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.

Immersive Experience

Property Details

Financials

Original Price$649,000
Annual Taxes$5,942

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Carpet, Laminate, Hardwood
BasementFull, Partially Finished, Interior Entry, Bulkhead, Sump Pump

Climate & Utilities

HeatingForced Air, Oil, Wood Stove
CoolingCentral Air
WaterPrivate
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter, Block
ZoningR1

Property & Lot

Acres0.92
SqFt Lot40,033
Lot FeaturesCorner Lot

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bathroom 2
Basement
Family Room
Main,First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl Main,First

14.75 x 19.333333333

Wood / Coal / Pellet Stove, Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Closet, Flooring - Hardwood, Exterior Access, Recessed Lighting

Dining Room
Lvl Main,First

12.666666666 x 15.833333333

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Recessed Lighting, Crown Molding

Kitchen
Lvl Main,First

11.666666666 x 12.166666666

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances, Peninsula

Family Room
Lvl Basement

17.083333333 x 18.5

Flooring - Vinyl

Primary Bedroom
Lvl Main,First

13.916666666 x 21.666666666

Ceiling Fan(s), Beamed Ceilings, Walk-In Closet(s), Closet, Flooring - Laminate

Bedroom 2
Lvl Second

13.916666666 x 16.166666666

Bedroom 3
Lvl Second

10.083333333 x 13.333333333

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

17.25 x 11.5

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl Main,First

7.833333333 x 9.75

Bathroom - Full, Bathroom - Tiled With Tub, Bathroom - With Tub & Shower, Flooring - Vinyl

Bathroom 2
Lvl Second

6.083333333 x 6.833333333

Bathroom - 3/4, Bathroom - With Shower Stall

Listing Provided By

Listing Agent: Cathy Lomasney

Listing Office: ERA Key Realty Services

MLS® Number: 73569263