71 Regency Place North Andover — Photo 1 of 42
$2,650,000
Investment Analysis — 71 Regency Place
North Andover, MA 01845
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 7-bedroom in 01845 carries an estimated $3,960/mo in gross rent — about a 0.51% cap rate and $13,632/yr in estimated NOI at the $2,650,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
8
SqFt
9,048
Style
Single Family
Built
2016
Your oasis awaits. Built in 2016, this impressive, yet sensibly functional, property will exceed your expectations. Quality of craftsmanship, ease of flow and high end finishes abound. During the chilly months entertain in your gourmet kitchen or cuddle up in your private media room. When the weather warms, head out to the Gunite salt water pool for a dip or relax in the hot tub to the rhythmic sound of the waterfall. The main house has 4 en suite bedrooms and many multi purpose rooms. Fiber Cement siding. The carriage house hosts a kitchen, full bath, bedroom and large, open living area. This exceptional property graciously sits upon a high point at the end of a cut de sac of gracious homes.
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 9,048 sq ft principal dwelling). Lot size: 54,494 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Disposal • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl First14.2 x 13.7
Flooring - Hardwood, Wainscoting
Kitchen
Lvl First20.7 x 16.11
Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Open Floorplan, Stainless Steel Appliances, Lighting - Pendant
Office
Lvl Basement16 x 12.3
Family Room
Lvl First23.6 x 20
Vaulted Ceiling(s), Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl Main,First19.3 x 19.1
Vaulted Ceiling(s), Closet - Linen, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Wet Bar, Double Vanity, Exterior Access, Recessed Lighting
Bedroom 2
Lvl First13.3 x 11.8
Bedroom 3
Lvl SecondBathroom - Full, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second15 x 11.5
Bathroom - Full, Flooring - Wall to Wall Carpet
Bedroom 5
Lvl Second23.2 x 16.1
Bathroom - Full, Flooring - Wall to Wall Carpet
Listing Agent: Angela Sweeney
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73470985
