Investment Analysis — 39 Adams Ave

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01845 carries an estimated $3,590/mo in gross rent — about a 3.57% cap rate and $26,040/yr in estimated NOI at the $729,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

2,205

Style

Single Family

Built

1957

UPDATED NORTH ANDOVER RANCH WITH VERSATILE LIVING SPACE. This inviting ranch offers comfortable one-level living with hardwood floors, a gas fireplace, and a kitchen featuring stainless steel appliances, including a new refrigerator, and a peninsula. A three-season porch provides additional space to relax and enjoy the outdoors. The finished lower level adds a family room with pool table, bonus room, laundry, and additional flexible space. Outside, enjoy a fenced yard, fire pit, storage shed installed in 2017, professional landscaping, and ample parking. An attached garage, backup generator, and NEW METAL ROOF installed in 2026 provide added convenience and peace of mind. The hot water tank also comes with a lifetime warranty. Conveniently located near shopping, parks, medical facilities, major highways, and other area amenities. DON’T MISS THE OPPORTUNITY TO MAKE THIS NORTH ANDOVER HOME YOUR OWN.

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 2,205 sq ft principal dwelling). Lot size: 10,001 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.