
15 Long Pasture Rd North Andover — Photo 1 of 42
Recent Drop: $104,000
$1,545,000
Investment Analysis — 15 Long Pasture Rd
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 1.31% cap rate and $20,215/yr in estimated NOI at the $1,545,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
6.5
SqFt
7,207
Style
Single Family
Built
1999
Some homes simply give you more options, and 15 Long Pasture Road is one of them. Located in one of North Andover's most desirable neighborhoods, this exceptional Colonial offers 7 bedrooms, 6.5 bathrooms and a remarkably flexible layout designed to adapt to the way you live. Expansive rooms, hardwood floors and multiple living and entertaining areas provide plenty of room to gather while still offering space to spread out. A sun-filled screened porch overlooks the backyard and heated in-ground pool, creating your own private retreat for relaxing and entertaining. A unique side wing offers tremendous versatility for additional living space, guest accommodations, multiple home offices or potential future ADU use (buyer to perform due diligence). Additional highlights include an incredible 40-foot walk-in closet, 2-car garage and updated HVAC. Brand-new 7-bedroom septic system installation has BEGUN! Convenient to schools, commuter routes and area amenities. If you've been searching for a home that offers exceptional privacy, flexibility and possibilities, 15 Long Pasture Road deserves a closer look.
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 7,207 sq ft principal dwelling). Lot size: 87,120 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
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Pool • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First22.416666666 x 15.166666666
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting
Dining Room
Lvl First16.333333333 x 15.666666666
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl First16.833333333 x 15.166666666
Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Open Floorplan
Family Room
Lvl First22.166666666 x 15.583333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Primary Bedroom
Lvl Main,First13.833333333 x 17.916666666
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Balcony / Deck, Exterior Access
Bedroom 2
Lvl Second19.75 x 15.166666666
Bedroom 3
Lvl Second19.75 x 15.583333333
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 4
Lvl Second18.833333333 x 15.166666666
Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 5
Lvl Second16.083333333 x 15.666666666
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bathroom 1
Lvl First4.75 x 4.916666666
Bathroom - Half
Bathroom 2
Lvl Second8.833333333 x 11.5
Bathroom - Full
Bathroom 3
Lvl Second7.666666666 x 11.5
Bathroom - Full
Property History
$1,545,000
Was $1,550,000
Sep 15, 2026
MLS® 73546592
$1,550,000
Was $1,575,000
Aug 11, 2026
MLS® 73546592
$1,575,000
Was $1,649,000
Jul 21, 2026
MLS® 73546592
$1,649,000
Jul 8, 2026
MLS® 73546592
$1,475,000
Jun 12, 2026
MLS® 73532396
$1,475,000
Jun 9, 2026
MLS® 73532396
Listing Agent: Justin Ray
Listing Office: Elite Realty Experts, LLC
MLS® Number: 73546592

