
103 Draper Street Lowell — Photo 1 of 38
$629,900
Investment Analysis — 103 Draper Street
Lowell, MA 01852
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01852 carries an estimated $2,590/mo in gross rent — about a 2.76% cap rate and $17,399/yr in estimated NOI at the $629,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,372
Style
Single Family
Built
1951
OPEN HOUSE CANCELLED - SUNDAY 9/20/26....This single-level home blends classic ranch appeal with impressive modern enhancements completed over the last five years. A set of new outdoor granite steps, a newly crafted stone wall, and refreshed front wrought-iron railings create an inviting entry. Inside, original hardwood floors run through the main living areas and bedrooms, while durable, water-resistant flooring has been installed throughout the kitchen and bathrooms. The sunlit living room features a picture window, custom built-ins, and a cozy gas fireplace—now backed by newly added natural gas, a new furnace, and a new hot water heater for efficiency. The main level flows into a formal dining area and a cabinet-packed kitchen with stainless steel appliances, while comfortable bedrooms feature ceiling fans in most rooms and including one with tailored built-ins. The home’s bathrooms and laundry have seen complete overhauls. The primary bathroom was totally redone from the ground up, the main bathroom now thoughtfully incorporates a new stacked washer and dryer, and the second bathroom was refreshed with a new sink, toilet, and custom shelving. Downstairs, the finished lower level offers a clean, tiled private office—ideal for working from home—alongside direct access to the attached one-car garage.
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: 686 sq ft (the lesser of 900 sq ft or half the 1,372 sq ft principal dwelling). Lot size: 9,148 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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 14
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Cable Hookup
Dining Room
Lvl First15 x 12
Ceiling Fan(s), Flooring - Hardwood
Kitchen
Lvl First11 x 11
Ceiling Fan(s), Flooring - Vinyl, Stainless Steel Appliances
Office
Lvl Basement23 x 13
Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Family Room
Lvl Basement23 x 13
Flooring - Stone/Ceramic Tile
Primary Bedroom
Lvl First13 x 12
Bathroom - Half, Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup
Bedroom 2
Lvl First17 x 12
Bedroom 3
Lvl First11 x 10
Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup
Bathroom 1
Lvl First6 x 9
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl First3 x 6
Bathroom - Half, Closet/Cabinets - Custom Built, Flooring - Vinyl
Listing Agent: Paul A. Dubuque
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73578304

