Investment Analysis — 2 Manning Way

Andover, MA 01810

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a home in 01810 carries an estimated $2,030/mo in gross rent — about a 0.44% cap rate and $5,244/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

Style

Residential

Built

A rare chance to build your dream home in one of Andover's most sought-after neighborhoods. This 3/4 + acre lot offers the blank canvas buyers seldom find in an established, fully built-out setting: the freedom to design a custom residence from the ground up, surrounded by the mature trees, quiet streets, and timeless character that define this corner of town. The location is hard to beat. Pike School and Phillips Academy are just minutes away, with the shops, restaurants, and cultural life of downtown Andover close by. Commuters will appreciate easy access to I-93, I-495, and the Andover commuter rail station, putting Boston and the greater North Shore within comfortable reach. Whether you envision a classic New England colonial, a modern farmhouse, or something entirely your own, this lot invites you to bring your vision to life.

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 MLS and other third-party data may be inaccurate or out of date.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.