
23 Bradford Street North Andover — Photo 1 of 36
$950,000
Investment Analysis — 23 Bradford Street
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 2.97% cap rate and $28,211/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,566
Style
Single Family
Built
1962
BRAND NEW SEPTIC BEING INSTALLED! Welcome to 23 Bradford Street in North Andover! This inviting home offers the ease and convenience of one-level living along with a number of recent updates throughout. Step inside to a bright and comfortable floor plan featuring beautifully refinished hardwood floors that bring warmth and character to the living spaces. The updated kitchen offers a fresh, clean look with plenty of space for everyday cooking and entertaining, while the updated bathrooms adds to the home’s move-in-ready appeal. The home offers a great amount of living space with a functional layout and plenty of opportunity to make each room your own. Whether you're looking for easy single-level living, additional space to entertain, or simply a well-cared-for home with many of the major improvements already addressed, 23 Bradford Street has a lot to offer. Adding even more value, the property’s septic system is currently in the process of being completely replaced with a brand-new system. The seller will provide a passing Title 5 prior to closing, giving the next owner added peace of mind and eliminating a significant future expense. The back yard will be updated with hydroseeding, new steps to the back door, and a new landing at the bottom of the steps. Located in desirable North Andover, this property combines comfortable living, recent improvements, and a convenient location. With refinished hardwood flooring, an updated kitchen and bath, a new septic system underway, and a versatile one-level layout, this home is ready for its next owner. Don’t miss the opportunity to see everything 23 Bradford Street has to offer!
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 2,566 sq ft principal dwelling). Lot size: 43,996 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater
Geography
Listing Agent: Joseph Pantaleo
Listing Office: DiPietro Group Real Estate
MLS® Number: 73572641
