156 Chestnut Ave #6 North Andover — Photo 1 of 13
$319,000
Investment Analysis — 156 Chestnut Ave #6
North Andover, MA 01845
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01845 carries an estimated $2,280/mo in gross rent — about a 3.81% cap rate and $12,150/yr in estimated NOI at the $319,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
749
Style
Condominium
Built
1891
Mansion Living in North Andover! Located on the second floor of a beautifully converted estate, this inviting one bedroom, one bath condominium offers a perfect blend of character and comfort. Enter through the impressive grand foyer before stepping into a bright and spacious living area filled with natural light. Charming details, including a fireplace and attractive lighting. The generous sized bedroom features a walk-in closet, book case and freshly painted. Convenient coin operated laundry is on the 1st floor, and a storage unit in the neighboring complex.Ideally situated, the property offers easy access to shopping, restaurants, major highways and many of the area's most desirable amenities. Ask realtor about furnishings/furniture for sale.
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Ron Stiriti
Listing Office: Coldwell Banker Realty - Brookline
MLS® Number: 73568700
