
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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11.916666666 x 16.833333333
Ceiling Fan(s), Flooring - Vinyl, Deck - Exterior
Dining Room
Lvl First8.416666666 x 8.916666666
Flooring - Vinyl, Lighting - Overhead
Kitchen
Lvl First10.25 x 8.833333333
Flooring - Vinyl, Pantry
Primary Bedroom
Lvl First10.833333333 x 17
Ceiling Fan(s), Closet - Linen, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First11.833333333 x 13.25
Bathroom 1
Lvl First6.833333333 x 8.416666666
Bathroom - With Tub & Shower, Flooring - Vinyl, Countertops - Upgraded
Bathroom 2
Lvl First6.5 x 9
Bathroom - With Shower Stall, Flooring - Vinyl
Listing Agent: Derek T. Beatrice
Listing Office: Real Broker MA, LLC
MLS® Number: 73580635