
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14.75 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,First12.666666666 x 15.833333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Recessed Lighting, Crown Molding
Kitchen
Lvl Main,First11.666666666 x 12.166666666
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances, Peninsula
Family Room
Lvl Basement17.083333333 x 18.5
Flooring - Vinyl
Primary Bedroom
Lvl Main,First13.916666666 x 21.666666666
Ceiling Fan(s), Beamed Ceilings, Walk-In Closet(s), Closet, Flooring - Laminate
Bedroom 2
Lvl Second13.916666666 x 16.166666666
Bedroom 3
Lvl Second10.083333333 x 13.333333333
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second17.25 x 11.5
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,First7.833333333 x 9.75
Bathroom - Full, Bathroom - Tiled With Tub, Bathroom - With Tub & Shower, Flooring - Vinyl
Bathroom 2
Lvl Second6.083333333 x 6.833333333
Bathroom - 3/4, Bathroom - With Shower Stall
Listing Agent: Cathy Lomasney
Listing Office: ERA Key Realty Services
MLS® Number: 73569263
