8 Hunter Ave Methuen — Photo 1 of 29
$799,500
Investment Analysis — 8 Hunter Ave
Methuen, MA 01844
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01844 carries an estimated $2,770/mo in gross rent — about a 2.32% cap rate and $18,516/yr in estimated NOI at the $799,500 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
3,799
Style
Single Family
Built
2002
Welome to this elegant hip-roof Colonial, ideally situated in one of the area’s most desirable locations. This beautiful home offers 8 spacious rooms and 4 bathrooms, with hardwood floors throughout and timeless charm .The inviting open-concept foyer creates a warm and welcoming first impression. The huge kitchen and dining area provide plenty of space for everyday meals and entertaining, while the formal dining room is perfect for celebrating those special occasions. The spacious primary bedroom features cathedral ceilings, hardwood floors, and a private en-suite bathroom, creating a comfortable and relaxing retreat. With generous living spaces, beautiful hardwood flooring, and an exceptional layout, this home offers the perfect blend of comfort, and functionality. Check the finished Lower Level family with its entertaining bar area and a bathroom Offering a great potential in-law, The arborvitae trees surrounding and the bonus 2 car garage .Security System will be deactivated prior to closing. Buyer and Buyer's this one won't last. Showings start at OH 9/12 & 9/13
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 3,799 sq ft principal dwelling). Lot size: 10,105 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Family Room
Lvl BasementPrimary Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondListing Agent: Jean Giguere
Listing Office: Berkshire Hathaway HomeServices Verani Realty Salem
MLS® Number: 73573142
