Active

132 Days on market

59 William St Andover — Photo 1 of 42

$2,895,000

Investment Analysis — 59 William St

Andover, MA 01810

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 5-bedroom in 01810 carries an estimated $3,890/mo in gross rent — about a -0.00% cap rate and $-77/yr in estimated NOI at the $2,895,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

8,350

Style

Single Family

Built

1995

A spectacular waterfront estate overlooking Greico Pond, this exceptional residence blends timeless craftsmanship w/ luxury resort-style living. Thoughtfully designed w/ custom millwork, detailed ceiling designs, & refined finishes throughout, the home offers both elegance & comfort on an impressive scale. The sunken FR features a stone FP & walls of glass capturing breathtaking water views. A chef’s kitchen is equipped w/ quartz countertops, stainless appliances, skylights, & a layout ideal for entertaining. The first-floor primary suite serves as a private retreat w/ dual walk-in closets & spa like bath. Additional main-level spaces include formal living & dining rms, a private study, & laundry rm. Upstairs offers four spacious bedrooms, three baths, & a large bonus/great rm. The finished LL is designed for entertaining & wellness w/a gym, sauna & wet bar. A rare offering of 3 acres at the end of a cul-de-sac, featuring a heated pool, tennis court, & pond front outdoor living.

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 8,350 sq ft principal dwelling). Lot size: 131,229 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.

Financials

Original Price$2,895,000

Annual Taxes$35,554

Parking

Garage3

Off-Street13

Interior Specifications

Total Rooms10

Fireplaces3

FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood, Flooring - Wall to Wall Carpet

BasementNone

Climate & Utilities

HeatingForced Air, Natural Gas, Fireplace

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningSRA

Property & Lot

Acres3.01

SqFt Lot131,229

Lot Features--

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second

Bedroom 2Bedroom 3Bedroom 4Bedroom 5

First

Living RoomDining RoomKitchenFamily RoomPrimary BedroomBathroom 1Bathroom 2Bathroom 3

Living Room

Lvl First

23 x 14

Flooring - Hardwood, Window(s) - Picture, Lighting - Sconce, Crown Molding

Dining Room

Lvl First

17 x 14

Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead

Kitchen

Lvl First

25 x 13

Skylight, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances, Lighting - Overhead

Family Room

Lvl First

21 x 17

Flooring - Hardwood, Window(s) - Picture, Recessed Lighting, Sunken

Primary Bedroom

Lvl First

25 x 23

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Cable Hookup, Lighting - Overhead, Tray Ceiling(s)