
23 Arundel St Andover — Photo 1 of 34
$899,900
Investment Analysis — 23 Arundel St
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01810 carries an estimated $3,530/mo in gross rent — about a 2.34% cap rate and $21,068/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
2,269
Style
Single Family
Built
1923
Welcome to 23 Arundel Street, a classic Colonial in Shawsheen Village, one of Andover’s beloved neighborhoods - where neighbors know each other, kids can walk and play all day, and there’s still a wonderful “Leave it to Beaver” feel to everyday life. With 3 bedrooms, 1.5 baths and 2,269 square feet, this well-maintained home offers charm, generous space and flexibility for today’s lifestyle. Classic Colonial details include a welcoming front entry, traditional floor plan, generous-sized rooms and the timeless appeal of a slate roof. The great room is the heart of the home, equally suited to entertaining or relaxing with family. A recently rebuilt three-season sunroom extends the living space and offers a charming place to enjoy the changing seasons and views of the beautifully landscaped yard. Outside, the picket-fenced backyard is surrounded by mature plantings, providing color and privacy throughout the seasons. The generous corner lot offers room to garden, play and enjoy the outdoors, while a storage shed keeps bikes, gardening equipment and outdoor toys tucked away. Quiet streets and sidewalks lead to three soccer fields, two playgrounds and a newly refurbished running track, while the brand-new West Elementary School adds to the neighborhood’s appeal for families. Downtown Andover’s shops, restaurants and amenities are close by, as is the commuter rail for an easy Boston connection. A special home in a special neighborhood - where classic Colonial character, wonderful outdoor space and everyday convenience come together.
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 2,269 sq ft principal dwelling). Lot size: 10,258 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18.25 x 13
Closet/Cabinets - Custom Built, Flooring - Wood, French Doors, Lighting - Sconce, Crown Molding
Dining Room
Lvl First14 x 12.166666666
Flooring - Wood, Wainscoting, Crown Molding
Kitchen
Lvl First18.25 x 13.166666666
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Stainless Steel Appliances
Family Room
Lvl First22.5 x 13.166666666
Ceiling Fan(s), Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors
Primary Bedroom
Lvl Second18.083333333 x 12.75
Ceiling Fan(s), Closet, Flooring - Wood
Bedroom 2
Lvl Second18.75 x 14.416666666
Bedroom 3
Lvl Second11.583333333 x 9
Ceiling Fan(s), Closet
Bathroom 1
Lvl First4 x 3
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second9 x 6.333333333
Bathroom - Tiled With Tub, Recessed Lighting
Listing Agent: The Durling Group
Listing Office: Leading Edge Real Estate
MLS® Number: 73577918

