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72 E Water St #72 North Andover — Photo 1 of 34

72 E Water St #72 North Andover — Photo 1 of 34

$474,900

Investment Analysis — 72 E Water St #72

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01845 carries an estimated $2,990/mo in gross rent — about a 3.59% cap rate and $17,032/yr in estimated NOI at the $474,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,756

Style

Condominium

Built

1968

Move-in ready end-unit townhouse in the desirable Brookside community! This sun-filled 2-bedroom home offers comfortable living with the added flexibility of a bonus room, perfect for a home office, guest room, or additional living space. The end-unit location provides added privacy and natural light, while the attached garage and attic storage offer plenty of practical storage space. Enjoy the ease of condo living with a well-maintained community and in-ground swimming pool, giving you more time to enjoy the outdoors without the upkeep of a large yard. Conveniently located near major highways, schools, the library, downtown North Andover, walking trails, restaurants, and local amenities. A wonderful opportunity to enjoy all that North Andover has to offer in a convenient, low-maintenance setting! (Garage photo was edited to remove seller's items).

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$474,900
Annual Taxes$4,717
HOA Fee$460

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile, Carpet, Flooring - Wall to Wall Carpet
BasementY

Climate & Utilities

HeatingElectric Baseboard
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR4

Property & Lot

Acres0.14
SqFt Lot5,911
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
OfficePrimary BedroomBedroom 2Bathroom 2
First
Kitchen
Main,First
Living RoomDining RoomBathroom 1
Living Room
Lvl Main,First

19.25 x 11.5

Flooring - Wall to Wall Carpet

Dining Room
Lvl Main,First

16.25 x 10.5

Flooring - Wood

Kitchen
Lvl First

8.2 x 7.5

Flooring - Wood, Recessed Lighting

Office
Lvl Second

9.5 x 11.5

Closet, Flooring - Wall to Wall Carpet

Primary Bedroom
Lvl Second

15.8 x 13.5

Closet - Linen, Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

9.5 x 11.5

Bathroom 1
Lvl Main,First

4.75 x 4.5

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

6 x 8.75

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Sarah Vaudo

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73580901