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22 Mill Pond #22 North Andover — Photo 1 of 36

22 Mill Pond #22 North Andover — Photo 1 of 36

$509,900

Investment Analysis — 22 Mill Pond #22

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01845 carries an estimated $2,990/mo in gross rent — about a 2.56% cap rate and $13,078/yr in estimated NOI at the $509,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

3

SqFt

2,211

Style

Condominium

Built

1974

Much-Sought-After Mill Pond Townhome! Enjoy the best of both worlds—peaceful surroundings close to schools, shopping, major highways, two ponds, and scenic hiking trails. Lovingly cared for by the same owners for 36 years, this well-maintained townhome offers an inviting layout and an opportunity to bring your own style and decorating ideas. The main level features an eat-in kitchen, spacious living room, half bath, and a large private deck overlooking the natural surroundings. Upstairs, you'll find two generously sized bedrooms, including a primary suite with its own full bath, plus a second full bath and convenient laundry area. The walk-out lower level offers additional living space with a large gathering room, sliders overlooking the backyard, and potential for a third bedroom, home office, or guest space. A second outdoor deck provides another place to relax and enjoy the setting. A wonderful opportunity to make Mill Pond your own—just in time for the holidays!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$509,900
Annual Taxes$5,791
HOA Fee$700

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Vinyl, Hardwood
BasementY

Climate & Utilities

HeatingElectric Baseboard
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone
RoofShingle
Foundation--
ZoningCONDO

Property & Lot

Acres--
SqFt Lot0.11
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 1Bathroom 2
First
Bathroom 3
Basement
Family Room
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

17 x 18

Flooring - Hardwood, Balcony / Deck

Dining Room
Lvl Main,First

12 x 12

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl Main,First

10 x 18

Flooring - Vinyl, Lighting - Overhead

Family Room
Lvl Basement

17 x 23

Bathroom - Half, Flooring - Stone/Ceramic Tile, Wet Bar, Exterior Access, Slider

Primary Bedroom
Lvl Second

17 x 15

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Attic Access

Bedroom 2
Lvl Second

17 x 12

Bathroom 1
Lvl Second

10 x 5

Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile, Enclosed Shower - Fiberglass, Lighting - Overhead

Bathroom 2
Lvl Second

5 x 6

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl, Lighting - Overhead

Bathroom 3
Lvl First

7 x 3

Bathroom - Half, Ceiling Fan(s), Flooring - Vinyl, Lighting - Overhead

Listing Provided By

Listing Agent: The Carroll Group

Listing Office: RE/MAX Partners

MLS® Number: 73585938