30 Steinbeck Street Tyngsborough — Photo 1 of 27
$231,758
Investment Analysis — 30 Steinbeck Street
Tyngsborough, MA 01879 — The Village at Maple Ridge
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 1-bedroom in 01879 carries an estimated $1,940/mo in gross rent — about a 6.57% cap rate and $15,234/yr in estimated NOI at the $231,758 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1.5
SqFt
1,626
Style
Single Family
Built
2007
Application deadline was 7/28 as per attached documents, and is now closed. CHAPA is going through buyers and will advise the lucky buyer soon. There are no further showings. Rarely available Ch 40B (for Low income buyers) Affordable unit at the 55+ Village at Maple Ridge. Nicely kept one level living home sits up on a hill with a neighbor on one side only. It offers one bedroom with walk-in closet and ensuite bath, as well as a den to be used as an office or for TV watching. Large living room features a cathedral ceiling, gas fireplace and sliders to deck with further stairs to flat backyard. Dining area right off the kitchen (refrigerator is now in place) and laundry room between kitchen and the 2-car garage. Endless storage in unfinished attic with daylight window as well as full, unfinished basement with bulkhead to the backyard. PLEASE REVIEW ALL ATTACHED DOCS BEFORE MAKING AN OFFER. ***Chapa requires completed application(s) and pre-approval letter for affordable unit to determine an approved buyer(s). Only approved buyers can submit an offer.***
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: 813 sq ft (the lesser of 900 sq ft or half the 1,626 sq ft principal dwelling).
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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First25 x 16
Flooring - Wall to Wall Carpet, Balcony / Deck
Dining Room
Lvl First11 x 10
Flooring - Vinyl
Kitchen
Lvl First12 x 10
Flooring - Vinyl
Master Bedroom
Lvl First21 x 14
Bathroom - 3/4, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Listing Agent: Gunilla Rubino
Listing Office: Coldwell Banker Realty - Chelmsford
MLS® Number: 73549574
