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24 Days on market
166 Salem Street North Andover — Photo 1 of 42

166 Salem Street North Andover — Photo 1 of 42

$1,675,000

Investment Analysis — 166 Salem Street

North Andover, MA 01845 — Old Center

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01845 carries an estimated $3,960/mo in gross rent — about a 1.19% cap rate and $19,992/yr in estimated NOI at the $1,675,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2.5

SqFt

4,728

Style

Single Family

Built

1806

Welcome to Captain Nathaniel Berry’s Homestead, a remarkable New England Colonial where history and modern comfort come together in an extraordinary setting. Set on picturesque pastoral grounds framed by classic stone walls and stately white fencing, this exceptional property offers timeless character, privacy, and beautifully designed spaces for both everyday living and entertaining. Rich hardwood floors, exposed beams, high ceilings, built-ins, and six fireplaces showcase the home’s historic craftsmanship, while thoughtful updates provide today’s comfort and convenience. The chef’s kitchen features quartz countertops, a center island, and Viking range. The stunning 2014 great room addition is a true highlight, featuring a dramatic stone fireplace, cathedral ceiling, wet bar, and expansive windows overlooking the grounds. A slider opens to a spacious composite deck, creating an inviting connection between indoor and outdoor living. A generous mudroom provides convenient access to the three-car attached garage, while new mini-split A/Cs and a newer heating system add modern comfort.The grounds are equally impressive, with a gorgeous gunite pool and pool house, pergola, hot tub, patio, fire pit, mature gardens, irrigation system, and expansive outdoor spaces designed for relaxation and entertaining. Enjoy summer afternoons poolside, gather around the fire pit on cool evenings, or simply take in the peaceful pastoral surroundings. A charming chicken coop adds to the property’s distinctive New England appeal.Ideally located near the North Andover Historic Common, enjoy seasonal events, green spaces, playgrounds, ice cream shop, Lake Cochichewick, Stevens Pond, and hiking trails, with convenient access to major highways. A truly special opportunity to own a piece of North Andover history, thoughtfully enhanced for modern living and ready to be enjoyed for generations to come.

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 4,728 sq ft principal dwelling). Lot size: 40,441 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.

Immersive Experience

Property Details

Financials

Original Price$1,675,000
Annual Taxes$16,123

Parking

Garage3
Off-Street12

Interior Specifications

Total Rooms9
Fireplaces6
FlooringTile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Interior Entry, Radon Remediation System

Climate & Utilities

HeatingCentral, Baseboard, Radiant, Fireplace(s)
CoolingDuctless, Other
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningR3

Property & Lot

Acres0.93
SqFt Lot40,441
Lot FeaturesWooded, Level

Amenities & Appliances

Gas Water Heater • Range • Disposal • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Dishwasher • Range Hood • Other

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Bathroom 1
Main,First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl Main,First

27 x 26

Ceiling Fan(s), Closet, Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

17 x 14

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Lighting - Overhead, Crown Molding, Decorative Molding

Kitchen
Lvl Main,First

17 x 15

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Recessed Lighting, Remodeled, Lighting - Pendant, Crown Molding

Family Room
Lvl Main,First

16 x 15

Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Lighting - Sconce, Crown Molding

Master Bedroom
Lvl Second

18 x 14

Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second

15 x 15

Bedroom 3
Lvl Second

15 x 15

Closet, Flooring - Hardwood, Lighting - Sconce, Crown Molding

Bedroom 4
Lvl Second

12 x 14

Fireplace, Cedar Closet(s), Flooring - Hardwood, Crown Molding

Bedroom 5
Lvl Second

13 x 15

Fireplace, Closet, Flooring - Hardwood, Lighting - Sconce

Bathroom 1
Lvl First

9 x 7

Bathroom - Half, Dryer Hookup - Dual, Remodeled, Washer Hookup, Lighting - Sconce

Bathroom 2
Lvl Second

13 x 11

Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Cathedral Ceiling(s), Closet, Flooring - Stone/Ceramic Tile, Remodeled, Lighting - Sconce, Lighting - Overhead

Bathroom 3
Lvl Second

9.5 x 5

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead, Pedestal Sink

Property History

Listed
$1,675,000

Aug 19, 2026

MLS® 73565870

Listed
$1,675,000

Jul 22, 2026

MLS® 73544317

Terminated
$1,675,000

Jul 22, 2026

MLS® 73544317

Listing Provided By

Listing Agent: Julie Ratte

Listing Office: Berkshire Hathaway HomeServices Verani Realty

MLS® Number: 73565870