5 Chausse Dr Methuen — Photo 1 of 42
$825,000
Investment Analysis — 5 Chausse Dr
Methuen, MA 01844
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01844 carries an estimated $3,060/mo in gross rent — about a 2.39% cap rate and $19,700/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,174
Style
Single Family
Built
1989
Gorgeous Colonial on a tree lined cul-de-sac road. Ideally located for family living and everyday enjoyment. The welcoming farmer’s porch with swing leads into a spacious home featuring entry foyer, a front-to-back living room with fireplace, formal dining room with 2nd fireplace, and a beautifully renovated chef’s kitchen with granite, stainless appliances, abundant cabinetry, tiled back splash, large island and cathedral-ceiling dining area. The kitchen opens to a bright sunroom and oversized deck to back yard - perfect for morning coffee, family dinners, and summer gatherings. Direct garage access adds everyday convenience. Upstairs, the primary suite offers a spa-inspired bathroom, plus three additional bedrooms and an updated full bathroom. The finished basement is built for family fun with a movie/game area, projection TV and surround sound, pool table, wetbar, island with granite waterfall edge, separate gym, and updated bathroom. Additional storage above garage adds convenience. Newer 2021 tankless hot water system. Great commuter location with easy access to Routes 93 and 495, plus shopping, dining, entertainment, and outdoor recreation nearby. Space to gather, room to grow, and plenty of places to make memories.
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: 900 sq ft (the lesser of 900 sq ft or half the 3,174 sq ft principal dwelling). Lot size: 24,999 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
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Shopping • Golf • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, French Doors, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Remodeled
Kitchen
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Dryer Hookup - Electric, Exterior Access, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances, Gas Stove
Family Room
Lvl BasementCloset, Flooring - Laminate, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Slider, Lighting - Pendant
Primary Bedroom
Lvl SecondCeiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Remodeled
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 4
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Remodeled, Washer Hookup, Pedestal Sink
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Remodeled, Lighting - Overhead
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Remodeled, Lighting - Overhead
Listing Agent: Fay Wong
Listing Office: Keller Williams Boston MetroWest
MLS® Number: 73579285
