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5 Village Ln #5 Methuen — Photo 1 of 38

5 Village Ln #5 Methuen — Photo 1 of 38

$649,000

Investment Analysis — 5 Village Ln #5

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 1.39% cap rate and $9,022/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.

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Beds

2

Baths

2

SqFt

1,510

Style

Condominium

Built

2006

Welcome to 5 Village Lane, a beautifully maintained end unit home in a desirable 55+ community. Enjoy comfortable, low maintenance living in a welcoming neighborhood. These units are rarely available, do not miss your opportunity for one level living. This inviting home offers a functional layout, comfortable living spaces, and the ease of having exterior maintenance taken care of. Idealing located close to shopping, dining, and major highways. Two full bathrooms with a walk in shower. First group showing is Thursday 1-3.

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 MLS and other third-party data may be inaccurate or out of date.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

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Property Details

Financials

Original Price$649,000
Annual Taxes$6,045.48
HOA Fee$500

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms4
Fireplaces1
FlooringHardwood
BasementY

Climate & Utilities

HeatingElectric Baseboard
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningMB

Property & Lot

Acres0.04
SqFt Lot1,700
Lot Features--

Amenities & Appliances

Oven • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Geography

Listing Provided By

Listing Agent: Sera Manzi

Listing Office: Preview Realty

MLS® Number: 73580184