Active
2 Days on market
10 Ashley Ln #10 Methuen — Photo 1 of 25

10 Ashley Ln #10 Methuen — Photo 1 of 25

$316,649

Investment Analysis — 10 Ashley Ln #10

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01844 carries an estimated $2,310/mo in gross rent — about a 4.89% cap rate and $15,486/yr in estimated NOI at the $316,649 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,209

Style

Condominium

Built

2017

DEED RESTRICTED AFFORDABLE HOME! Stone Castle Estates, an independent living community for those ages 55+ in Methuen, is the setting for this 2 bedroom, 1.5 bath detached condominium home on one floor. Open concept living with a spacious and floor plan. Exterior features include a private back porch and lovely yard and garage parking for two cars. A full basement provides lots of storage. Subject to application eligibility process. Income Limits Apply.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$316,649
Annual Taxes$2,509
HOA Fee$256

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningRR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Golf • Medical Facility • Laundromat • Conservation Area

Geography

Listing Provided By

Listing Agent: Scot Edward Gabriel

Listing Office: Gabriel Realty Group

MLS® Number: 73581293