Investment Analysis — 459 Stevens St #2

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 5.02% cap rate and $27,628/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,374

Style

Condex

Built

1900

Welcome to this charming 3 bedroom, 2-bath condex ideally located near the Old Town Center in North Andover. The home offers a comfortable and versatile layout with high ceilings, hardwood floors, and a well-appointed kitchen with stainless steel appliances, granite countertops and abundant cabinets. Beautiful hardwood floors add warmth and character to the main living areas, while the living room and bedrooms feature carpeting for added comfort.The partially finished lower level provides additional flexible space and features a convenient walkout to a beautiful patio area, offering easy access to the outdoors. Recent updates provide added peace of mind, with both the heating system and hot water heater being less than one year old. Conveniently located close to the old town center, this home offers easy access to local shops, restaurants, parks, and community amenities. A wonderful opportunity to enjoy comfortable living, flexible space, and the convenience of a desirable North Andover location.

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 MLS and other third-party data may be inaccurate or out of date.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