
83 Black Oak Lane Dracut — Photo 1 of 42
$715,000
Investment Analysis — 83 Black Oak Lane
Dracut, MA 01826
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01826 carries an estimated $2,790/mo in gross rent — about a 2.66% cap rate and $19,047/yr in estimated NOI at the $715,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,372
Style
Single Family
Built
1985
Welcome Home! Beautifully situated on a desirable cul-de-sac, this spacious and versatile property offers an abundance of living space, storage, and possibilities. With 10 RMS, 3 BDRs, and 2 full BAs, the home provides a flexible layout designed to accommodate a variety of lifestyles. MAIN LEVEL:Features 3 BDR a full BA, a comfortable living room, kitchen with dining area, and a bright sunroom. The sunroom provides a wonderful transition to the enclosed screened porch and 15' x 25' deck, creating an inviting space for relaxing, entertaining, and enjoying the outdoors.LOWER LEVEL: Adds an impressive amount of flexible living space, including a family room, home office, bonus room, full bathroom, and laundry room. The bonus room is especially versatile, featuring two walk-in closets offering the potential to be converted into a 4th BDR, guest suite, or private living space. Plus, a storage area provides additional room for seasonal items, household storage, or hobbies.DETACHED GARAGE: The property also features an exceptional 26' x 36' detached garage. The garage includes a workshop area in the rear, making it ideal for projects, hobbies, or additional workspace, along with pull-down stairs leading to valuable additional storage space. Set on a beautiful cul-de-sac lot, this home offers a wonderful combination of comfortable living spaces, flexible lower-level accommodations, outdoor entertaining areas, and an oversized garage. With the potential for a 4th BDR and plenty of storage and workspace, this property offers room to live, work, relax, and grow. Come explore all the possibilities this unique property has to 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: 900 sq ft (the lesser of 900 sq ft or half the 2,372 sq ft principal dwelling). Lot size: 65,775 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Cooktop • Oven
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16.833333333 x 13.666666666
Flooring - Wall to Wall Carpet
Dining Room
Lvl First7.916666666 x 11.583333333
Flooring - Stone/Ceramic Tile, Chair Rail, Lighting - Overhead
Kitchen
Lvl First12 x 11.583333333
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead
Office
Lvl Basement19.416666666 x 11.083333333
Flooring - Stone/Ceramic Tile, Exterior Access, Lighting - Overhead
Family Room
Lvl Basement16.916666666 x 11.083333333
Flooring - Stone/Ceramic Tile, Lighting - Sconce
Primary Bedroom
Lvl First12.916666666 x 11.5
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Closet - Double
Bedroom 2
Lvl First9.75 x 13.666666666
Bedroom 3
Lvl First9.333333333 x 10.25
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First7.666666666 x 11.5
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Closet - Linen, Lighting - Sconce, Lighting - Overhead, Closet - Double
Bathroom 2
Lvl Basement7.416666666 x 11.583333333
Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Wainscoting, Lighting - Sconce, Lighting - Overhead, Closet - Double
Listing Agent: Debbie Forgione
Listing Office: LAER Realty Partners
MLS® Number: 73576625