Active
3 Days on market
23 Hampshire Rd #113 Methuen — Photo 1 of 32

23 Hampshire Rd #113 Methuen — Photo 1 of 32

$399,900

Investment Analysis — 23 Hampshire Rd #113

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 2.84% cap rate and $11,349/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

980

Style

Condominium

Built

2002

Welcome to Spicket Commons! This desirable first-floor 2-bedroom, 2-full-bath condo offers comfortable single-level living in a convenient Methuen location. Step inside to a bright, open floor plan featuring attractive wood-look vinyl flooring throughout the main living areas and plenty of space for relaxing, dining, and entertaining. The kitchen offers abundant cabinetry and counter space, stainless steel appliances, a gas range, and a breakfast bar that opens to the dining area. The spacious living room leads to a private covered patio, perfect for morning coffee or relaxing outdoors. The well-designed layout features two bedrooms and two full bathrooms, including one bath with a tub/shower combination and a second with a walk-in shower. Additional conveniences include in-unit laundry and central air. Located on the first floor of an elevator building and ideally situated close to the community pool, fitness center, and clubhouse, this unit provides easy access to the amenities Spicket Commons has to offer. Conveniently located near major highways, shopping, dining, and Tuscan Village. Enjoy low-maintenance condo living in a fantastic Methuen location!

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 MLS and other third-party data may be inaccurate or out of date.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$399,900
Annual Taxes$3,790
HOA Fee$494

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl, Carpet
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningBL

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

11.916666666 x 16.833333333

Ceiling Fan(s), Flooring - Vinyl, Deck - Exterior

Dining Room
Lvl First

8.416666666 x 8.916666666

Flooring - Vinyl, Lighting - Overhead

Kitchen
Lvl First

10.25 x 8.833333333

Flooring - Vinyl, Pantry

Primary Bedroom
Lvl First

10.833333333 x 17

Ceiling Fan(s), Closet - Linen, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

11.833333333 x 13.25

Bathroom 1
Lvl First

6.833333333 x 8.416666666

Bathroom - With Tub & Shower, Flooring - Vinyl, Countertops - Upgraded

Bathroom 2
Lvl First

6.5 x 9

Bathroom - With Shower Stall, Flooring - Vinyl

Listing Provided By

Listing Agent: Derek T. Beatrice

Listing Office: Real Broker MA, LLC

MLS® Number: 73580635