
184 Abbot Street Andover — Photo 1 of 42
$1,850,000
Investment Analysis — 184 Abbot Street
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01810 carries an estimated $3,890/mo in gross rent — about a 0.79% cap rate and $14,558/yr in estimated NOI at the $1,850,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
4,054
Style
Single Family
Built
2012
Built in 2012 by one of Andover's premier builders, this exceptional Colonial blends timeless craftsmanship with today's most sought-after features. This classic Colonial floor plan combines practicality with elegance. The spacious Kitchen offers SS appliances, granite counters & white cabinets and opens to inviting living spaces warmed by two fireplaces. Fabulous Home Office overlooks private backyard for the perfect work-from-home environment. Large Family Room is off the Kitchen & leads to a bright Sunroom which overlooks the private backyard oasis with mature landscaping, patio & swim spa; perfect for relaxing or entertaining. Escape to the oversized Primary Suite featuring a huge walk-in closet, an additional closet and a beautifully updated bath with soaking tub and custom tile shower. Three additional bedrooms provide plenty of space, while the huge (approx 1500 sq ft) walk-up attic offers exciting expansion potential & is plumbed for a future bathroom. Convenient 2nd floor Laundry. Rich hardwood floors flow throughout every room. Mudroom in the lower level is SO practical! Ideally located just minutes to vibrant downtown Andover w/ abundant restaurants & shopping, the commuter rail and Pomps Pond (one of Andover's most cherished summer destinations). This is a rare opportunity to own a newer home in an outstanding location!
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 4,054 sq ft principal dwelling). Lot size: 90,901 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
Water Heater • Tankless Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First22 x 14
Flooring - Hardwood, French Doors
Dining Room
Lvl First14 x 13
Flooring - Hardwood, Chair Rail, Wainscoting, Crown Molding
Kitchen
Lvl First22 x 14
Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Stainless Steel Appliances
Office
Lvl First13 x 10
Flooring - Hardwood, French Doors
Family Room
Lvl First25 x 16
Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting, Crown Molding
Primary Bedroom
Lvl Second25 x 16
Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Second14 x 11
Bedroom 3
Lvl Second14 x 13
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second15 x 14
Walk-In Closet(s), Flooring - Hardwood
Bathroom 1
Lvl Second15 x 12
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Soaking Tub
Bathroom 2
Lvl First10 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second10 x 9
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Countertops - Stone/Granite/Solid, Double Vanity
Listing Agent: The Peggy Patenaude Team
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73554142
