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$399,900

New

232 Hampstead St

Methuen, MA, 01844

Land · MLS #73521016

Days on market

New today

Lot size

2.00 ac

2.00 acres

Lot

About this home

Rare re-development opportunity on a two acre lot in prime Northern Methuen! Bring your vision and your architect to this gorgeous, rural setting where neighboring new builds command well over $1,000,000. The existing antique farmhouse is currently a shell in need of everything, and the barn requires a full rebuild, creating an excellent footprint and opportunity to add a valuable Accessory Dwelling Unit (ADU). Public water and sewer are already conveniently located at the lot corner, saving you massive site development costs. Choose to restore the historic character or tear it all down to design a custom luxury estate where the rear woods serve as a private backdrop filled with local wildlife. Don't miss this once-in-a-lifetime opportunity to build massive equity and create your bespoke dream home in one of Methuen’s most sought-after country locations—bring your contractors and explore the endless possibilities! Zoning is RR, "Rural Residential", 80,000 min lot, 200' of frontage.

Location

232 Hampstead St, Methuen, MA, 01844

Property details

Road type
Public, Paved
Electric
220 Volts

Listed by Lindsay Strozza · Century 21 McLennan & Company

Schedule a showing

232 Hampstead St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$2,589 / month

Down payment20% · $79,980
Interest rate6.50%

Loan term

Principal & interest
$2,022
Property tax
$400
Home insurance
$167

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).