Canceled
4 Days on market
103 Draper Street Lowell — Photo 1 of 38

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.

View Standard Listing

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

Original Price$629,900
Annual Taxes$6,222

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Vinyl, Concrete, Hardwood, Flooring - Stone/Ceramic Tile
BasementPartially Finished, Interior Entry, Garage Access, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Hot Water, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationBlock
ZoningSSF

Property & Lot

Acres0.21
SqFt Lot9,148
Lot Features--

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

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Basement
OfficeFamily Room
Living Room
Lvl First

15 x 14

Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Cable Hookup

Dining Room
Lvl First

15 x 12

Ceiling Fan(s), Flooring - Hardwood

Kitchen
Lvl First

11 x 11

Ceiling Fan(s), Flooring - Vinyl, Stainless Steel Appliances

Office
Lvl Basement

23 x 13

Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Family Room
Lvl Basement

23 x 13

Flooring - Stone/Ceramic Tile

Primary Bedroom
Lvl First

13 x 12

Bathroom - Half, Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup

Bedroom 2
Lvl First

17 x 12

Bedroom 3
Lvl First

11 x 10

Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup

Bathroom 1
Lvl First

6 x 9

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl First

3 x 6

Bathroom - Half, Closet/Cabinets - Custom Built, Flooring - Vinyl

Listing Provided By

Listing Agent: Paul A. Dubuque

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73578304