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11 Powder Hill Rd Methuen — Photo 1 of 40

11 Powder Hill Rd Methuen — Photo 1 of 40

$649,900

Investment Analysis — 11 Powder Hill Rd

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01844 carries an estimated $2,770/mo in gross rent — about a 2.98% cap rate and $19,391/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

2

SqFt

1,676

Style

Single Family

Built

1967

Updated Custom-Built Ranch in Sought-After Neighborhood! This inviting 3-bedroom Ranch offers comfortable one-level living with a thoughtfully designed floor plan and a long list of improvements. The eat-in kitchen features granite countertops, abundant cabinetry, pantry, breakfast bar, and stainless-steel appliances, with sliding door access to the outdoor patio overlooking the spacious fenced backyard. The bright living room showcases gleaming hardwood floors and a large bay window that fills the space with natural light. Adjacent dining room features hardwood flooring and a built-in China cabinet. The bedrooms includes three nicely sized bedrooms all with hardwood flooring and ample closet space, plus two updated full baths. The spacious primary suite offers a custom-designed walk-in closet and updated private bath with dual vanities and a tiled walk-in shower. Additional features include first-floor laundry, newer HVAC, hot water heater, electrical, roof, and solar panels. The recently painted exterior, 2-car garage, and granite entry steps add to the home's curb appeal and functionality. A wonderful opportunity for one-level living with a private backyard, desirable amenities, and numerous major improvements already completed.

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: 838 sq ft (the lesser of 900 sq ft or half the 1,676 sq ft principal dwelling). Lot size: 16,784 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$649,900
Annual Taxes$5,871

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Vinyl / VCT, Hardwood
BasementPartial

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRC

Property & Lot

Acres0.39
SqFt Lot16,784
Lot FeaturesCorner Lot, Wooded

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

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

24 x 17

Flooring - Hardwood, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box

Dining Room
Lvl First

12 x 12

Closet/Cabinets - Custom Built, Flooring - Hardwood

Kitchen
Lvl First

20 x 11

Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Slider, Stainless Steel Appliances

Primary Bedroom
Lvl First

12 x 15

Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl First

12 x 11

Bedroom 3
Lvl First

10 x 12

Flooring - Hardwood

Bathroom 1
Lvl First

9 x 8

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

7 x 11

Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: The Carroll Group

Listing Office: RE/MAX Partners

MLS® Number: 73579512