
237 N Main St #5 Andover — Photo 1 of 20
$349,900
Investment Analysis — 237 N Main St #5
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01810 carries an estimated $2,940/mo in gross rent — about a 3.41% cap rate and $11,938/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,000
Style
Condominium
Built
1965
Welcome home to Washington Park Condominiums, ideally located in walkable distance of downtown Andover. This spacious and well-appointed condo offers comfortable living with an open and functional layout. The home features a generous primary suite with a walk-in closet and private half bath, along with a spacious secondary bedroom. The open-concept living and dining areas provide an inviting space for everyday living and entertaining, with sliders leading to a private balcony. The well-equipped kitchen offers an abundance of cabinetry, granite countertops, dishwasher, refrigerator, and garbage disposal, along with plenty of additional storage throughout the unit. The condominium fee includes heat, hot water, water, sewer, snow removal, trash collection, landscaping, and other common-area services. Community amenities include an on-site laundry facility, swimming pool, and tennis court. Enjoy a prime location within walking distance of downtown Andover, Shawsheen Square, MVRTA bus service, restaurants, shopping, the post office, banking, and much more. Don't miss this opportunity to enjoy convenient condominium living! Sale is subject to seller securing suitable housing.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl nullWalk-In Closet(s), Flooring - Vinyl, Balcony - Exterior, Open Floorplan
Dining Room
Lvl nullFlooring - Vinyl, Lighting - Overhead
Kitchen
Lvl nullFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Lighting - Overhead
Primary Bedroom
Lvl nullBathroom - Half, Walk-In Closet(s), Flooring - Vinyl
Bathroom 1
Lvl nullBathroom - Full, Bathroom - With Tub & Shower
Listing Agent: Esther Summersett
Listing Office: Hadassah Homes, Inc.
MLS® Number: 73579237

