Back to Search
Active Under Contract
7 Days on market
58 Edgelawn Ave #8 North Andover — Photo 1 of 20

58 Edgelawn Ave #8 North Andover — Photo 1 of 20

$275,000

Investment Analysis — 58 Edgelawn Ave #8

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01845 carries an estimated $2,280/mo in gross rent — about a 4.93% cap rate and $13,567/yr in estimated NOI at the $275,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

675

Style

Condominium

Built

1967

Attention renters and downsizers! Move right into this surprisingly spacious, thoughtfully updated one-bedroom condominium featuring modern finishes and an inviting park-like setting. The beautifully renovated kitchen boasts white cabinetry, granite countertops, and stainless steel appliances, seamlessly connecting to a bright living area with fresh paint, new flooring, recessed lighting, updated electrical, and a remodeled bathroom. Step through the glass slider to your private outdoor patio with a lovely garden abutting serene conservation land—the perfect backdrop to relax or entertain. Enjoy low-maintenance living with a condo fee that covers heat, hot water, gas, water, sewer, master insurance, snow removal, and more! Heritage Green offers top-tier amenities including swimming pools, a fitness center, clubhouse, billiard room, tennis and basketball courts, playground, in-building laundry, extra attic storage, abundant parking, and pet-friendly policies. Perfectly located off Rte. 125 with swift access to Rte. 114, I-495, and I-93, plus nearby MBTA Commuter Rail access into Boston. An exceptional opportunity to own!

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 MLS and other third-party data may be inaccurate or out of date.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

Immersive Experience

No longer available to tour

Property Details

Financials

Original Price$275,000
Annual Taxes$2,355
HOA Fee$406

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile
BasementN

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR

Property & Lot

Acres40.8
SqFt Lot1,777,247
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

Flooring - Vinyl, Recessed Lighting, Slider

Kitchen
Lvl First

Flooring - Vinyl, Countertops - Stone/Granite/Solid

Primary Bedroom
Lvl First

Flooring - Vinyl

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Property History

Listed
$275,000

Sep 28, 2026

MLS® 73583271

Sold
$950

Feb 11, 2011

MLS® 71141483

Listed
$950

Sep 23, 2010

MLS® 71141483

Listing Provided By

Listing Agent: Lisa Sheehan

Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties

MLS® Number: 73583271