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5 Lady Slipper Ln Methuen — Photo 1 of 41

5 Lady Slipper Ln Methuen — Photo 1 of 41

$799,000

Investment Analysis — 5 Lady Slipper Ln

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 $18,525/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

3

SqFt

3,223

Style

Single Family

Built

1997

Welcome to 5 Lady Slipper Ln! This Colonial Style House on a Cul-de-Sac was built in 1997 and the current owners have held it for the last 20 years. Highlights include Recently Updated Kitchen with Stainless Steel Appliances, including an Electric Cooktop and Hood Vent. First floor also features an open concept dining room, Direct access to 2 Car Garage w/ Epoxy Floors, Living Room w/Fireplace, Half Bathroom for Guests, and Slider Door to Back Yard Deck and Patio. Yard is Fully Fenced. All Three Bedrooms are on the 2nd floor along with a Common Full Bathroom. Primary Bedroom features an En-Suite Full Bath. Walk up Attic allows for ample storage. Basement is finished for additional Family Room, along with a Half Bath and a separate room for many possible uses. Laundry is on Main Floor on the way to the Half Bath from Kitchen. Yard extends to the left of the house.

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 3,223 sq ft principal dwelling). Lot size: 15,202 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

Original Price$799,000
Annual Taxes$6,737.12

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms11
Fireplaces1
FlooringWood, Tile
BasementFull, Finished, Interior Entry, Bulkhead

Climate & Utilities

HeatingBaseboard
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRC

Property & Lot

Acres0.35
SqFt Lot15,202
Lot FeaturesCul-De-Sac, Easements, Cleared, Gentle Sloping, Level

Amenities & Appliances

Gas Water Heater • Range • Oven • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Golf • Medical Facility • Laundromat • Conservation Area • Highway Access • Private School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenBathroom 1
Basement
Family Room
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl Basement
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl Second
Listing Provided By

Listing Agent: The Paradigm Team

Listing Office: Coldwell Banker Realty - Newton

MLS® Number: 73577481