1401 Great Pond Road #8 North Andover — Photo 1 of 38
$439,999
Investment Analysis — 1401 Great Pond Road #8
North Andover, MA 01845
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01845 carries an estimated $2,990/mo in gross rent — about a 3.85% cap rate and $16,938/yr in estimated NOI at the $439,999 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,192
Style
Condominium
Built
1900
Imagine coming home to a majestic hilltop setting where the elegance of a grand mansion meets the comfort and privacy of your own luxurious condominium. Step inside and the treetop views immediately invite you to take a closer look, but first you’ll be captivated by the MASSIVE great room/dining area, featuring impressive 10 ft.+ ceilings and oversized windows that fill the space with beautiful natural light. It’s an exceptional and versatile gathering space designed for both everyday living and entertaining. Both bedrooms are thoughtfully appointed to spoil you with oversized closets and custom shelving; one offers a private full bath, while the other features a cozy fireplace—perfect for chilly New England evenings. The kitchen offers custom cabinetry, granite countertops, SS appliances & laundry and conveniently leads to your private, covered outdoor balcony. Surrounded by lush greenery and accompanied by the calming sounds of birds chirping, it’s an idyllic spot for morning coffee, curling up with a good book or simply unwinding at the end of the day. Enjoy the added convenience of 1 Deeded Garage with Full Walk-up Loft, along with a Pet-Friendly community and Easy Accessibility. Peace, privacy & tranquility await you at The Colonnade!
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer/Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Window(s) - Picture, Recessed Lighting
Kitchen
Lvl FirstCloset, Flooring - Hardwood, Balcony - Exterior, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Dryer Hookup - Electric, Exterior Access, Recessed Lighting, Slider, Stainless Steel Appliances, Washer Hookup
Master Bedroom
Lvl FirstBathroom - Full, Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Window(s) - Picture, Recessed Lighting
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead, Pocket Door
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Lighting - Sconce, Lighting - Overhead
Property History
$439,999
Aug 12, 2026
MLS® 73562351
$445,000
Jul 20, 2025
MLS® 73404142
$429,999
Jul 14, 2025
MLS® 73404142
Listing Agent: Nikki Palladino
Listing Office: Lyv Realty
MLS® Number: 73562351
