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3 Days on market
148 Main St #B534 North Andover — Photo 1 of 41

148 Main St #B534 North Andover — Photo 1 of 41

$399,000

Investment Analysis — 148 Main St #B534

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 4.20% cap rate and $16,741/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,050

Style

Condominium

Built

1993

Spectacular top floor, sun filled condo ideally located just two doors from the elevator. With two full bedrooms and two full baths there is plenty of space to enjoy. The open and inviting interior is filled with natural light and features a private balcony-perfect for enjoying your morning coffee or relaxing at the end of the day. Ample closet space plus additional storage provide plenty of space. This beautiful condo is close to all that downtown North Andover has to offer including close proximity to downtown shops and restaurants. Enjoy an array of amenities including gym, meeting room and sauna plus the added convenience of in unit washer and dryer. A wonderful opportunity for easy, low-maintenance condo living in a well-appointed community.

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 MLS and other third-party data may be inaccurate or out of date.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$399,000
Annual Taxes$3,905
HOA Fee$551.92

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Carpet
BasementY

Climate & Utilities

HeatingForced Air, Heat Pump, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningR1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Oven • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

15 x 13

Flooring - Vinyl, Window(s) - Bay/Bow/Box, Balcony / Deck, Balcony - Exterior

Dining Room
Lvl First

15 x 10

Flooring - Vinyl

Kitchen
Lvl First

10 x 9

Flooring - Stone/Ceramic Tile, Stainless Steel Appliances

Primary Bedroom
Lvl First

17 x 10

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

15 x 10

Bathroom 1
Lvl First

10 x 5

Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

11 x 5

Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Sharon Coskren

Listing Office: Leading Edge Real Estate

MLS® Number: 73579121