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5 Days on market
49 Meadowview Rd North Andover — Photo 1 of 37

49 Meadowview Rd North Andover — Photo 1 of 37

$759,900

Investment Analysis — 49 Meadowview Rd

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 3.29% cap rate and $24,992/yr in estimated NOI at the $759,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,640

Style

Single Family

Built

1969

****UPDATE- ONLY Open House is Friday 4:00 to 6:00. Offers due Saturday at 5:00.**** Welcome home to a rare, remarkably affordable opportunity nestled in one of the area's most desirable and cherished neighborhoods, just moments from the scenic beauty of Smolak Farms. Perfectly positioned on one of the most magnificent, private pieces of land available, this residence offers an extraordinary sanctuary where everyday moments turn into lasting memories. Step inside to find a freshly painted interior bathed in natural light, where sun-filled windows create a warm, cheery, and inviting atmosphere from morning until evening. Rich hardwood floors span seamlessly throughout the home, bringing timeless elegance and warmth to every space. At the heart of the home, the thoughtfully remodeled kitchen combines clean modern lines with crisp white cabinetry, durable quartz countertops, and sleek stainless steel appliances, making both quiet weekday dinners and lively gatherings a true joy. Peace of mind comes naturally here, knowing the roof has just been replaced, while the modern, efficient gas hot water heating system keeps you cozy during the cooler months, with ductwork already in place to easily add central air conditioning for summer comfort. The finished lower level adds wonderful versatility to fit your lifestyle, functioning effortlessly as a generous bonus room, a spacious fourth bedroom, or a flexible potential in-law suite for guests and family. Yet the real star of the show awaits outside in the magnificent backyard. Your absolute favorite spot will undoubtedly be hanging out on the oversized deck, taking in the peaceful morning breeze, hosting weekend barbecues, and relaxing against your completely private, natural woodland backdrop. It is more than just a home, it is a quiet, comfortable retreat where you can truly unwind, connect, and thrive.

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: 820 sq ft (the lesser of 900 sq ft or half the 1,640 sq ft principal dwelling). Lot size: 49,658 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.

Open Houses

Property Details

Financials

Original Price$759,900
Annual Taxes$7,749

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Vinyl, Hardwood
BasementFull, Finished, Garage Access

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres1.14
SqFt Lot49,658
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Golf • Private School • Public School • University

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3
Basement
Family Room
Living Room
Lvl First

17 x 14.666666666

Dining Room
Lvl First

11.333333333 x 11.416666666

Kitchen
Lvl First

11.75 x 11.083333333

Family Room
Lvl Basement

21.416666666 x 16.5

Primary Bedroom
Lvl First

15.083333333 x 11.083333333

Bedroom 2
Lvl First

13.416666666 x 10.083333333

Bedroom 3
Lvl First

10.5 x 98

Listing Provided By

Listing Agent: Matthew Mclennan

Listing Office: Century 21 McLennan & Company

MLS® Number: 73580374