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31 School Street Andover — Photo 1 of 35

31 School Street Andover — Photo 1 of 35

$925,000

Investment Analysis — 31 School Street

Andover, MA 01810

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01810 carries an estimated $3,530/mo in gross rent — about a 1.42% cap rate and $13,176/yr in estimated NOI at the $925,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

2,574

Style

Single Family

Built

1850

Step into a captivating circa-1850 townhome where historic New England character meets thoughtful modern updates, just one block from Main Street in the coveted Phillips Academy neighborhood. A gracious entry introduces soaring ceilings and sun-filled living and dining rooms framed by dramatic floor-to-ceiling windows. The first level flows into a tastefully renovated kitchen and inviting family room with coffered ceiling. Upstairs, the second floor offers three bedrooms, each with an en suite bath and handsome wide-plank pine floors. The third level adds two flexible bonus rooms, currently used as a guest room and private office. All this, moments from Phillips Academy, the Addison Gallery, downtown Andover’s restaurants, cafés and shops, the library and commuter rail to Boston. Dont miss this exceptional opportunity to own a piece of Andover history in the heart of town!

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 MLS and other third-party data may be inaccurate or out of date.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

Open Houses

Property Details

Financials

Original Price$925,000
Annual Taxes$11,746
HOA Fee$606

Parking

Garage2
Off-Street3

Interior Specifications

Total Rooms9
FireplacesNone
FlooringWood, Tile
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningSRA

Property & Lot

Acres--
SqFt Lot--
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Conservation Area • House of Worship • Private School

Geography

Floorplan Breakdown

Structural Layout

Third
Office
Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Office
Lvl Third
Family Room
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl Second

Property History

Listed
$925,000

Sep 28, 2026

MLS® 73583605

Sold
$2,895

Sep 16, 2011

MLS® 71281105

Listed
$2,895

Aug 31, 2011

MLS® 71281105

Terminated
$499,900

Aug 31, 2011

MLS® 71242696

Listed
$499,900

Jun 3, 2011

MLS® 71242696

Terminated
$519,900

Mar 2, 2011

MLS® 71163892

Listed
$519,900

Nov 18, 2010

MLS® 71163892

Sold
$2,000

Nov 1, 2006

MLS® 70457315

Listed
$2,000

Sep 13, 2006

MLS® 70457315

Listing Provided By

Listing Agent: Monalisa Team

Listing Office: Compass

MLS® Number: 73583605