2 Francis Dr #203 Andover — Photo 1 of 32
Recent Drop: $9,901
$439,999
Investment Analysis — 2 Francis Dr #203
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 1-bedroom in 01810 carries an estimated $2,240/mo in gross rent — about a 2.28% cap rate and $10,031/yr in estimated NOI at the $439,999 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
955
Style
Condominium
Built
2017
Welcome to Riverside Woods, Andover's premier 62+ community! Constructed in 2017, this well-maintained second-floor condominium offers modern amenities and comfortable living. The unit features a spacious bedroom with a walk-in closet, full bathroom, and a versatile bonus room with French doors, ideal for a home office, dining room, hobby room, or overnight guests. The kitchen features stainless steel appliances, granite countertops, a center island with plenty of cabinet space, and opens to the living area featuring hardwood floors and crown molding. The unit is perfectly positioned to enjoy an abundance of natural sunlight, while the private balcony provides the perfect place to relax. Additional features include central air conditioning, in-unit laundry, and two parking spaces. Residents enjoy a clubhouse with a fitness center, outdoor patio, and grills, all nestled in a peaceful, quiet setting. Riverside Woods is also pet-friendly and conveniently located near shopping, dining, and major highways. This home offers easy, low-maintenance living in an exclusive location.
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 MLS and other third-party data may be inaccurate or out of date.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.
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
Adult Community
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second15 x 15
Ceiling Fan(s), Flooring - Hardwood, Balcony - Exterior, Cable Hookup, Open Floorplan, Crown Molding
Dining Room
Lvl Second12 x 10
Flooring - Hardwood, French Doors
Kitchen
Lvl Second15 x 12
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Stainless Steel Appliances, Lighting - Pendant
Master Bedroom
Lvl Second15 x 12
Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup
Bathroom 1
Lvl Second10 x 8
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Property History
$439,999
Was $449,900
Sep 8, 2026
MLS® 73553588
$449,900
Jul 22, 2026
MLS® 73553588
Listing Agent: Brian Hrono
Listing Office: Coldwell Banker Realty
MLS® Number: 73553588
