51 Richardson Avenue Dracut — Photo 1 of 34
$479,900
Investment Analysis — 51 Richardson Avenue
Dracut, MA 01826
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01826 carries an estimated $2,330/mo in gross rent — about a 3.59% cap rate and $17,211/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,016
Style
Single Family
Built
1946
Welcome to 51 Richardson Ave! This well-maintained 2-bedroom, 1-bath home offers comfortable one-level living on a spacious, level .33-acre lot in the desirable Long Pond Association district. The bright, open-concept living area with gleaming hardwood floors provides a welcoming space for everyday living. The updated kitchen features shaker-style cabinetry, stainless steel appliances and quartz countertops. A convenient utility/laundry room adds valuable storage with additional cabinetry. Outside, enjoy a private fenced-in yard with a large utility shed, offering excellent space for recreation, gardening, pets, and outdoor entertaining. Plenty of off-street parking adds everyday convenience. Efficient heat pump heating and central air conditioning provide year-round comfort. A great opportunity to enjoy a private setting with access to the amenities of the Long Pond Association district!
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: 508 sq ft (the lesser of 900 sq ft or half the 1,016 sq ft principal dwelling). Lot size: 14,400 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First19.416666666 x 13.333333333
Flooring - Hardwood
Dining Room
Lvl Main,First9.416666666 x 11
Ceiling Fan(s), Open Floorplan
Kitchen
Lvl Main,First8 x 11
Ceiling Fan(s), Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Stainless Steel Appliances
Master Bedroom
Lvl First9.416666666 x 14.333333333
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl First9.416666666 x 12
Bathroom 1
Lvl First5.916666666 x 13
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Gail Sullivan
Listing Office: Coldwell Banker Realty - Chelmsford
MLS® Number: 73575364
