Active
39 Days on market
54 Lantern Lane #2 Dracut — Photo 1 of 42

54 Lantern Lane #2 Dracut — Photo 1 of 42

Recent Drop: $5,000

$324,900
$319,900

$319,900

Investment Analysis — 54 Lantern Lane #2

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 4.14% cap rate and $13,258/yr in estimated NOI at the $319,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,162

Style

Condominium

Built

1986

Sought after Hillshire Farms community, top floor, corner condo has open concept for entertaining. The kitchen has a breakfast counter as well as a full dining room open to a deck that looks out into a peaceful wooded area. The kitchen includes plenty of cabinets and counter space, gas oven, and dishwasher for ultimate convenience. The master bedroom has two closets, wall to wall carpet. The second bedroom is spacious with plenty of natural light. A stackable washer dryer in the unit. The unit comes with 2 designated parking spaces. It is tucked away into a peaceful and quite setting,

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 MLS and other third-party data may be inaccurate or out of date.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$324,900
Annual Taxes$3,252
HOA Fee$395

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringVinyl, Carpet
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Shopping • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl Second

13 x 16

Flooring - Wall to Wall Carpet

Dining Room
Lvl Second

10 x 14

Flooring - Vinyl

Kitchen
Lvl Second

10 x 13

Flooring - Vinyl

Master Bedroom
Lvl Second

13 x 14

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

13 x 10

Bathroom 1
Lvl Second

Property History

Price Drop
$319,900

Was $324,900

Aug 26, 2026

MLS® 73559083

Listed
$324,900

Aug 4, 2026

MLS® 73559083

Listing Provided By

Listing Agent: Debra A. Lyons

Listing Office: Berkshire Hathaway HomeServices Verani Realty Methuen

MLS® Number: 73559083