148 Sandra Lane North Andover — Photo 1 of 38
$939,900
Investment Analysis — 148 Sandra Lane
North Andover, MA 01845
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01845 carries an estimated $3,960/mo in gross rent — about a 2.87% cap rate and $26,996/yr in estimated NOI at the $939,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,697
Style
Single Family
Built
1976
One of North Andover's most sought-after neighborhood awaits you! Lovingly cared for and maintained by the same family for 50 years, this stately Tudor Revival will not disappoint. Enjoy fantastic curb appeal set back from the street on an oversized lot. Grand features will welcome you in from the impressive front door, statues and fountains. Step in to the foyer which leads you to the living room with impressive floor to ceiling stone fireplace. Eat-in kitchen is well appointed and leads to the dining room for easy entertaining. Step down family room with dedicated fireplace is perfect for cool fall evenings. Laundry room and half bathroom are conveniently located and private. BONUS solarium with exterior access, just imagine watching the snow fall surrounded by glass at every turn. Upstairs enjoy a primary bedroom with ornate fireplace, primary bathroom and enough closet space for a King. Or use the walk-in closet as an office, nursery or exercise room. 3 more generous sized bedrooms sharing another full bathroom. Other features include 2-car garage, central a/c and large backyard. LOCATION can't be beat - close to Drummond Park, The Youth Center, Town Common, Franklin School, ECC, and Routes 114, 495, 93 and 125. Welcome home!
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 2,697 sq ft principal dwelling). Lot size: 28,196 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
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Disposal • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First20 x 13
Beamed Ceilings, Vaulted Ceiling(s), Flooring - Wall to Wall Carpet
Dining Room
Lvl Main,First13 x 11
Flooring - Wall to Wall Carpet, Lighting - Pendant, Decorative Molding
Kitchen
Lvl Main,First17 x 13
Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting, Slider, Lighting - Pendant, Lighting - Overhead
Family Room
Lvl First16 x 13
Beamed Ceilings, Flooring - Wood, Wet Bar, Recessed Lighting, Sunken
Master Bedroom
Lvl Second18 x 13
Cathedral Ceiling(s), Walk-In Closet(s), Cedar Closet(s), Closet, Flooring - Wall to Wall Carpet, Flooring - Wood, Dressing Room, Recessed Lighting, Lighting - Overhead, Decorative Molding
Bedroom 2
Lvl Second11 x 10
Bedroom 3
Lvl Second11 x 11
Closet, Flooring - Laminate, Lighting - Overhead
Bedroom 4
Lvl Second11 x 10
Closet, Flooring - Laminate
Bathroom 1
Lvl Main,First5 x 5
Bathroom - Half, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Overhead
Bathroom 2
Lvl Second10 x 5
Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead, Decorative Molding
Bathroom 3
Lvl Second8 x 7
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead
Listing Agent: Debbie Carusi
Listing Office: Coldwell Banker Realty - Andovers/Readings Regional
MLS® Number: 73567993
