21 Fernview Ave #8 North Andover — Photo 1 of 18
Recent Drop: $19,000
$259,000
Investment Analysis — 21 Fernview Ave #8
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 4.98% cap rate and $12,904/yr in estimated NOI at the $259,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
675
Style
Condominium
Built
1967
Investors, great tenants have been here for years and would love to stay. This spacious 1st-floor unit, corner back facing for extra privacy, is convenient to the laundry at Heritage Green, a pet-friendly community loaded with amenities, including a pool, tennis courts, playground, basketball court, gym, function room, and plenty of parking for you and your guests. This 1-bedroom home offers a spacious living room, a large eat-in kitchen with dining area, and sliders to your private patio—perfect for relaxing. Condo fees are a great value and include heat and hot water. Prime location near Routes 114, 495, and 125, with easy access to shopping, dining, public transportation, and close to Merrimack College. Enjoy great amenities, including an in-ground pool, tennis, and basketball courts. Quiet location yet close to shopping and major routes. Excellent investment opportunity—property is long-term tenant-occupied, and the tenant would love to stay.
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 MLS and other third-party data may be inaccurate or out of date.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 • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Laminate, Exterior Access, Slider
Kitchen
Lvl FirstFlooring - Laminate, Pantry, Countertops - Stone/Granite/Solid
Master Bedroom
Lvl FirstCedar Closet(s), Flooring - Laminate
Property History
$259,000
Was $278,000
Jul 29, 2026
MLS® 73504627
$278,000
Apr 21, 2026
MLS® 73504627
Listing Agent: Deb Forte
Listing Office: Century 21 North East
MLS® Number: 73504627
