
124 E Meadow Rd Lowell — Photo 1 of 42
Recent Drop: $30,000
$649,900
Investment Analysis — 124 E Meadow Rd
Lowell, MA 01854 — Pawtucketville
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01854 carries an estimated $2,700/mo in gross rent — about a 2.71% cap rate and $17,614/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,776
Style
Single Family
Built
1960
HUGE price adjustment!! Great opportunity to own a large cape in Pawtucketville with an ADU on the second floor with two means of egress. This spacious cape has a two car garage under and a long driveway with a carport. This spacious home features a cozy heat efficient wood burning stove that helps with the heating bills during the chilly months, and a den/dining area that opens into a large kitchen. The living rm has a large bay window to let in plenty of natural light, as well as hardwood floors thru out the 1st floor. The bedrooms are spacious and have plenty of closet space. The primary bedroom is a large family room over the garage that has been converted into a bedroom, with slider that leads to a deck. The ADU upstairs is perfect for extended family or a roommate and features another bedroom and a full bath with a kitchen/living room with your own deck that leads to a great big back yard complete with a fire pit, and a large shed for storage. The basement also has a game room and another full bath with plenty of storage in lower level.This place is not going to last at this price.
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 2,776 sq ft principal dwelling). Lot size: 14,810 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Oven • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 12
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access
Dining Room
Lvl First14 x 9
Kitchen
Lvl First14 x 14
Family Room
Lvl Basement16 x 11
Primary Bedroom
Lvl First24 x 21
Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Cedar Closet(s), Flooring - Stone/Ceramic Tile, Flooring - Laminate, Balcony / Deck, Recessed Lighting, Slider
Bedroom 2
Lvl First11 x 10
Bedroom 3
Lvl First14 x 13
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl First8 x 10
Bathroom - 3/4, Bathroom - With Shower Stall
Bathroom 2
Lvl Second8 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Bathroom 3
Lvl Basement6 x 5
Bathroom - 3/4, Bathroom - With Shower Stall
Property History
$649,900
Was $679,900
Sep 9, 2026
MLS® 73560663
$679,900
Aug 7, 2026
MLS® 73560663
Listing Agent: Kevin Durkin
Listing Office: LAER Realty Partners
MLS® Number: 73560663