Active
184 Days on market
35 Canobieola Rd Methuen — Photo 1 of 23

35 Canobieola Rd Methuen — Photo 1 of 23

Recent Drop: $60,000

$430,000
$370,000

$370,000

Investment Analysis — 35 Canobieola Rd

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01844 carries an estimated $3,060/mo in gross rent — about a 6.28% cap rate and $23,221/yr in estimated NOI at the $370,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1

SqFt

1,836

Style

Single Family

Built

1930

The home is in need of updates, making it ideal for investors and contractors looking to add value. Bring your vision and unlock the potential! The home has one bedroom on the first floor Kitchen, and the hallway has a washer and dryer and unheated three season room. Upstairs features three bedrooms, an office and an extra storage room. Spacious yard, a garage and driveway for ample parking. Neither seller or agent make any representations as to the accuracy of any information contained herein. Buyer/buyer agent must conduct their own due diligence. This is as-is property. Cash Only – Investor! Contractor! Flipper! Come visit and explore the possibilities!

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: 900 sq ft (the lesser of 900 sq ft or half the 1,836 sq ft principal dwelling). Lot size: 10,018 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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$430,000
Annual Taxes$4,686

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
ZoningR-D

Property & Lot

Acres0.23
SqFt Lot10,018
Lot Features--

Amenities & Appliances

Gas Water Heater

Neighborhood

Public Transportation • Shopping • Medical Facility • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 4
Second
Bedroom 2Bedroom 3
First
Living RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Third
Bathroom 1
Lvl First

Property History

Price Drop
$370,000

Was $400,000

Jun 30, 2026

MLS® 73492553

Price Drop
$400,000

Was $430,000

May 15, 2026

MLS® 73492553

Listed
$430,000

Mar 26, 2026

MLS® 73492553

Listing Provided By

Listing Agent: Rosemary Nyawade

Listing Office: Century 21 North East

MLS® Number: 73492553