
36 Mckenney Cir Andover — Photo 1 of 36
$649,900
Investment Analysis — 36 Mckenney Cir
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 3.89% cap rate and $25,281/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,472
Style
Single Family
Built
1955
Wonderful Opportunity for One-Level Living in Andover! Located on a quiet circle street in the desirable New West Elementary School District, this charming Ranch offers comfortable one-level living with plenty of potential. The inviting layout features 6 rooms, 3 bedrooms, and a fabulous three-season room that adds valuable additional space for relaxing and entertaining. The sun-filled living room features hardwood flooring and a fireplace, flowing naturally into the adjacent dining room, also with hardwood floors. The eat-in kitchen provides a comfortable space for everyday meals and opens to the three-season room—an ideal spot to enjoy morning coffee, unwind, or take advantage of those perfect summer evenings. All three bedrooms feature hardwood flooring and ample closet space, complemented by a full bath. A full-size lower level offers excellent potential for future finishing, whether for a family room, home office, recreation space, or additional living area. The attached one-car garage adds everyday convenience. Outside, enjoy a private fenced backyard with space for gardening, play, entertaining, or simply relaxing. Ideally located close to downtown Andover, commuter rail, and major commuter routes, this property offers an excellent opportunity to enjoy the convenience of Andover with the flexibility to make it your own.
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: 736 sq ft (the lesser of 900 sq ft or half the 1,472 sq ft principal dwelling). Lot size: 18,692 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 13
Flooring - Hardwood
Dining Room
Lvl First11 x 13
Flooring - Hardwood
Kitchen
Lvl First13 x 17
Flooring - Vinyl, Dining Area
Primary Bedroom
Lvl First13 x 13
Ceiling Fan(s), Flooring - Hardwood
Bedroom 2
Lvl First11 x 14
Bedroom 3
Lvl First12 x 17
Ceiling Fan(s), Flooring - Hardwood
Bathroom 1
Lvl First9 x 10
Bathroom - Full, Closet - Linen, Flooring - Vinyl
Listing Agent: The Carroll Group
Listing Office: RE/MAX Partners
MLS® Number: 73582693

