52 Thornton Ave Methuen — Photo 1 of 32
$650,000
Investment Analysis — 52 Thornton 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 3.08% cap rate and $20,000/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,632
Style
Single Family
Built
1954
Welcome to this charming 3-bedroom, 1.5-bath Cape, where a well-designed layout and a versatile bonus room perfectly complement an exceptional backyard retreat. Hardwood floors flow throughout the home, while the spacious kitchen features granite countertops, cherry cabinets, and a convenient built-in pantry. Unwind on chilly winter evenings in the cozy living room, equipped with a wood stove, or enjoy the additional warmth of a gas stove in the bonus room. Additional features include a 1.5-car attached garage with plenty of room for larger tools like lawn mowers, as well as abundant storage in the basement and the outdoor shed. Step outside to a gorgeous, fully fenced backyard oasis surrounded by mature trees for added privacy, ideal for relaxing, and entertaining. Enjoy the large stone patio, perfect for grilling and outdoor gatherings, along with a vegetable garden, and fruit trees. This inviting Cape with a private backyard retreat is a commuter's dream with quick access to I-495, routes 213, and 113. Located just under 10 miles from the vibrant shops and restaurants at Tuscan Village in Salem, NH, this home offers convenient access to dining, retail, entertainment, and local activities. Schedule a private showing today or join us at one of the Open Houses and experience everything this home has to offer!
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: 816 sq ft (the lesser of 900 sq ft or half the 1,632 sq ft principal dwelling). Lot size: 10,019 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Gas Cooktop
Neighborhood
Shopping • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First11.833333333 x 22
Wood / Coal / Pellet Stove, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead
Dining Room
Lvl Main,First12.166666666 x 9.916666666
Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead, Crown Molding, Decorative Molding
Kitchen
Lvl Main,First12.166666666 x 12
Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Overhead, Crown Molding
Primary Bedroom
Lvl Second12.166666666 x 16.666666666
Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Second9.833333333 x 12.083333333
Bedroom 3
Lvl Second12.833333333 x 9.416666666
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Main,First2.583333333 x 3.833333333
Bathroom - Half, Flooring - Hardwood, Lighting - Overhead
Bathroom 2
Lvl Second8.583333333 x 4.833333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Overhead
Listing Agent: Homeward Bound Group
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73577520