12 Leo Ave Dracut — Photo 1 of 38
$529,900
Investment Analysis — 12 Leo Ave
Dracut, MA 01826
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01826 carries an estimated $3,080/mo in gross rent — about a 4.38% cap rate and $23,197/yr in estimated NOI at the $529,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,246
Style
Single Family
Built
1953
Welcome to this traditional Cape-style home located in a sought-after neighborhood! The home features an attached one-car garage and a versatile breezeway/sitting room that provides additional living space. Hardwood flooring enhances the living room, bedrooms, and staircase leading to the second floor. Additional highlights include approximately five-year-old heating and central A/C systems, a Generac whole-house generator, and a large composite deck overlooking the level yard. A wonderful opportunity to make this well-located home your own!
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: 623 sq ft (the lesser of 900 sq ft or half the 1,246 sq ft principal dwelling). Lot size: 9,135 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 12
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Exterior Access, Recessed Lighting
Dining Room
Lvl Main,FirstFlooring - Vinyl
Kitchen
Lvl First13 x 12
Flooring - Vinyl, Window(s) - Picture, Dining Area, Lighting - Overhead
Primary Bedroom
Lvl First12 x 12
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
Bedroom 2
Lvl First12 x 9
Bedroom 3
Lvl Second15 x 12
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture
Bedroom 4
Lvl Second15 x 11
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Flooring - Vinyl, Window(s) - Picture, Lighting - Sconce
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: Tim Desmarais
Listing Office: Keller Williams Realty
MLS® Number: 73579016
