
19 Capitol St Methuen — Photo 1 of 1
$649,000
Investment Analysis — 19 Capitol St
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 3.07% cap rate and $19,925/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,036
Style
Single Family
Built
1964
A beautifully updated 3-bedroom Cape offering 2 full bathrooms and a versatile office space ideal for remote work, study, or hobbies. Freshly updated flooring runs throughout, giving every room a bright, fresh feel. The updated kitchen is as pretty as it is functional, offering a lovely space to cook and gather. The home is set on a desirable corner lot with a spacious two-car garage, offering plenty of room for parking and storage. The second floor features two spacious bedrooms and a full bathroom. Downstairs, you'll find a clean, well-kept basement with high ceilings, offering great potential for additional living space, a home gym, or extra storage. Outside, the backyard offers a wonderful space for family time and entertaining, perfect for gatherings or relaxing evenings at home. Located in one of Methuen's most sought-after neighborhoods, this home offers quiet residential charm just minutes from Routes 93 and 213 — perfect for an easy commute. This is a must-see home!
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 2,036 sq ft principal dwelling). Lot size: 10,058 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 History
$649,000
Sep 16, 2026
MLS® 73577905
$630,000
Apr 7, 2025
MLS® 73352576
$599,900
Apr 1, 2025
MLS® 73352576
$565,000
Mar 29, 2025
MLS® 73307876
$565,000
Nov 6, 2024
MLS® 73307876
Listing Agent: Jessica Duran
Listing Office: eXp Realty LLC
MLS® Number: 73577905