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18 Woodland Street Methuen — Photo 1 of 30

18 Woodland Street Methuen — Photo 1 of 30

$599,900

Investment Analysis — 18 Woodland Street

Methuen, MA 01844 — Central

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 3.31% cap rate and $19,883/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,616

Style

Single Family

Built

1997

Welcome to 18 Woodland Street! This well-maintained 3-bedroom, 2-full-bath split-entry home, built in 1997, offers a flexible floor plan and a convenient Methuen location. The main living level features hardwood floors throughout the fully applianced kitchen, dining area and living room. Two bedrooms with double closets have w/w carpet and a full bath with granite-topped vanity is nearby. Pull-down attic access provides additional storage. The finished lower level expands the living space with a spacious front-to-back family room, large main bedroom, full bath with granite-topped vanity, and a bright (unheated) sunroom surrounded by three walls of sliders—an inviting spot to enjoy the outdoors from spring through fall. A convenient location puts everyday necessities, shopping, dining and commuter routes within easy reach. Nearby amenities include Market Basket, Mann Orchard, Merrimac Plaza, local cafés and restaurants, and the many shopping and dining options along Pleasant Valley Street and The Loop. Easy access to Routes 213, I-93 and I-495 adds to the convenience. A wonderful opportunity offering plenty of space, a versatile layout and a location that makes day-to-day living easy! CAN ACCOMMODATE A QUICK CLOSING! Be in your new home by Thanksgiving!

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: 808 sq ft (the lesser of 900 sq ft or half the 1,616 sq ft principal dwelling). Lot size: 10,145 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$599,900
Annual Taxes$5,379

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRD

Property & Lot

Acres0.23
SqFt Lot10,145
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomKitchenBedroom 2Bedroom 3Bathroom 2
First
Family RoomPrimary BedroomBathroom 1
Living Room
Lvl Second

14 x 12

Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting

Kitchen
Lvl Second

15 x 10

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access

Family Room
Lvl First

22 x 13

Ceiling Fan(s), Beamed Ceilings, Flooring - Wall to Wall Carpet, Recessed Lighting

Primary Bedroom
Lvl First

15 x 14

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

14 x 9

Bedroom 3
Lvl Second

12 x 11

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

7 x 7

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Vinyl, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

8 x 8

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: The Peggy Patenaude Team

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73581246