648 Merrimack Ave Dracut — Photo 1 of 38
$599,900
Investment Analysis — 648 Merrimack Ave
Dracut, MA 01826 — Kenwood
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 3.87% cap rate and $23,220/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,771
Style
Single Family
Built
2002
Completely rebuilt in 2002, this spacious Colonial features an open-concept design with a bright, versatile floor plan, 9-foot ceilings, beautiful oak hardwood floors, and vaulted ceilings. The kitchen features a gas range and decorative mosaic tile flooring. Two full bathrooms provide plenty of convenience.Additional features include a pellet stove, on demand hot water powered by natural gas, public water and sewer, plus a detached two-car garage. Outside, enjoy a large, level lot with open views toward the Merrimack River. While the property’s address is on 110, it does not feel that way, as the rear of the property opens into a full residential neighborhood with walkable side streets, giving you the convenience of a commuter location with the feel of a neighborhood right out your back door.Conveniently located with quick access to Routes 93, 213 and 495, this home offers a great combination of space, accessibility, and neighborhood living.
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: 886 sq ft (the lesser of 900 sq ft or half the 1,771 sq ft principal dwelling). Lot size: 12,000 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
Gas Water Heater • Microwave • Range • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstWood / Coal / Pellet Stove, Flooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Family Room
Lvl FirstFlooring - Hardwood
Master Bedroom
Lvl SecondBathroom - Full, Attic Access
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondFlooring - Wood
Listing Agent: Sarah Mccoy
Listing Office: LAER Realty Partners
MLS® Number: 73569050
