
46 Woburn Street Andover — Photo 1 of 20
$749,900
Investment Analysis — 46 Woburn Street
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 3.07% cap rate and $23,032/yr in estimated NOI at the $749,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,364
Style
Single Family
Built
1940
Charming and full of character, this picturesque three-bedroom ranch, built in 1940, feels like a private oasis in the heart of Andover.Nestled between conservation land on either side and surrounded by mature trees, the home offers an exceptional sense of privacy and tranquility. A quaint screened porch embraced by lush grapevines, along with established landscaping, enhances its warm, cottage-like appeal and creates a peaceful setting for relaxing and enjoying the outdoors.Located directly across from South Elementary School, the home combines peaceful surroundings with everyday convenience. Its comfortable three-bedroom layout, with two exposed brick fireplaces, ample storage, attached garage, and picturesque neighborhood make it a wonderful place to call home in one of New England’s most desirable towns, known for its excellent schools, historic character, and Phillips Academy. An expansive, unfinished basement extending beneath the full footprint of the home offers exciting potential to personalize this home. With Boston within easy driving distance and the commuter rail just a short 10-minute walk away, this home presents an exceptional opportunity to establish yourself in Andover and enjoy access to its highly regarded public school system.
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: 682 sq ft (the lesser of 900 sq ft or half the 1,364 sq ft principal dwelling). Lot size: 7,501 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
Electric Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 19
Flooring - Hardwood
Dining Room
Lvl First9 x 10
Flooring - Hardwood
Kitchen
Lvl First9 x 17
Flooring - Hardwood, Countertops - Upgraded
Office
Lvl First13 x 9
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup
Primary Bedroom
Lvl First13 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl First11 x 10
Bedroom 3
Lvl First10 x 9
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Marble, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Lighting - Overhead
Listing Agent: Johanna Webster
Listing Office: Coldwell Banker Realty - Andovers/Readings Regional
MLS® Number: 73582718

