21 Woodbridge Rd North Andover — Photo 1 of 30
$959,000
Investment Analysis — 21 Woodbridge Rd
North Andover, MA 01845
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 2.78% cap rate and $26,644/yr in estimated NOI at the $959,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
3,604
Style
Single Family
Built
1954
In the heart of North Andover’s highly sought-after Library neighborhood, 21 Woodbridge Road is set along a peaceful residential street in a location that’s hard to beat - close to the library, parks, downtown and schools, with easy access to major routes. Offering over 3,000 sqft of living space, 5 bedrooms and 3 full baths, this beautifully updated home offers an impressive combination of space, style and versatility. The expansive renovated kitchen is the heart of the home, with an oversized island, abundant cabinetry and plenty of room to gather. Just beyond, the living room draws you in with a fireplace, custom built-ins and a large picture window that fills the space with natural light. The first floor also offers two bedrooms and a full bath, including two connected rooms currently used as separate home offices that offer exceptional versatility - as a fifth bedroom, bedroom/office combo, private suite or guest quarters. Upstairs, three generously sized bedrooms include a spacious primary with an elegantly renovated bath. A finished lower-level bonus room adds even more room for recreation, fitness or relaxing. The backyard is a true highlight of the property! Surrounded by mature landscaping, this private outdoor retreat features a patio and firepit with plenty of space to gather, entertain or simply enjoy the setting. Hardwood floors, a newer roof and new Generac generator round out the many improvements. A standout home in an exceptional North Andover location!
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 3,604 sq ft principal dwelling). Lot size: 12,946 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.
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Amenities & Appliances
Water Heater • Dishwasher • Disposal • Range • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
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Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First28 x 14
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Crown Molding, Window Seat
Dining Room
Lvl Main,First17 x 13
Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,First22 x 12
Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Pendant, Lighting - Overhead, Crown Molding
Office
Lvl Main11 x 12
Flooring - Wall to Wall Carpet, Window(s) - Picture, Recessed Lighting, Remodeled, Lighting - Overhead
Family Room
Lvl Main,First20 x 13
Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead, Crown Molding
Primary Bedroom
Lvl Second16 x 18
Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Second11 x 13
Bedroom 3
Lvl Second12 x 18
Closet, Flooring - Hardwood, Attic Access, Lighting - Overhead
Bedroom 4
Lvl Main,First14 x 15
Closet, Flooring - Hardwood
Bedroom 5
Lvl Main,First12 x 12
Closet/Cabinets - Custom Built, Flooring - Hardwood
Bathroom 1
Lvl Main,First8 x 7
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Remodeled, Lighting - Sconce, Beadboard
Bathroom 2
Lvl Second11 x 12
Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Double Vanity, Recessed Lighting, Remodeled, Lighting - Sconce, Lighting - Overhead
Bathroom 3
Lvl Second8 x 9
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Listing Agent: The Maureen Moran Team
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73573924
