21 Leanne Drive North Andover — Photo 1 of 42
$1,650,000
Investment Analysis — 21 Leanne Drive
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 1.27% cap rate and $20,976/yr in estimated NOI at the $1,650,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
4,084
Style
Single Family
Built
2001
Luxury meets location! Spectacular cul-de-sac residence walkable from the Old Center, town common, youth center & schools. A grand two-story foyer with elegant bridal staircase welcomes you into this light-filled luxury home. The updated eat-in kitchen showcases a Thermador range with automatic power vent and flows seamlessly into an oversized family room, ideal for entertaining. The formal living room with hardwood floors opens to a charming playroom/sunroom overlooking the private, landscaped backyard. A dedicated home office offers a refined and quiet work-from-home retreat. The expansive primary suite features walk-in closets and a beautifully appointed bath, complemented by three additional bedrooms on the second level. The partially finished lower level provides versatile additional living space. The fenced backyard is a true private oasis, featuring a heated in-ground pool with waterfall, pool house, and integrated outdoor Sonos sound system—perfect for summer entertaining. Recent upgrades of note include full HVAC systems, water heater, pool equipment, owned solar (no lease), LED lighting, smart irrigation, generator transfer switch, updated kitchen and fixtures, and widened driveway. Roof 2021. Ideally located with convenient access to town amenities, lakes, beaches, and Route 495, this exceptional home blends luxury, comfort, and lifestyle in one of the area’s most desirable settings.
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 4,084 sq ft principal dwelling). Lot size: 25,264 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15.916666666 x 25
Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting, Window Seat
Dining Room
Lvl First13.75 x 19.333333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors, Recessed Lighting
Kitchen
Lvl First14.75 x 13.75
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Gas Stove, Crown Molding
Office
Lvl First11.5 x 10.166666666
Flooring - Hardwood, Lighting - Overhead
Family Room
Lvl First14.5 x 14.833333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead, Archway, Crown Molding, Tray Ceiling(s)
Master Bedroom
Lvl Second22.666666666 x 23.583333333
Bathroom - 3/4, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second14 x 14
Bedroom 3
Lvl Second13.833333333 x 13.416666666
Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 4
Lvl Second14.083333333 x 13.75
Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom 1
Lvl First5.083333333 x 6.5
Bathroom - Half
Bathroom 2
Lvl Second12.666666666 x 9.416666666
Bathroom - 3/4, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second8 x 9.416666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Countertops - Stone/Granite/Solid
Listing Agent: Michelle Conceicao
Listing Office: Coldwell Banker Realty - Haverhill
MLS® Number: 73562222
