236 Bridle Path North Andover — Photo 1 of 42
$1,875,000
Investment Analysis — 236 Bridle Path
North Andover, MA 01845 — Bridle Path
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 1.30% cap rate and $24,304/yr in estimated NOI at the $1,875,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
5
SqFt
4,503
Style
Single Family
Built
1978
Welcome home to 236 Bridle Path! This remarkable Colonial in a highly desirable neighborhood offers 4,503 square feet of elegant space including the finished basement and garage. Situated on a private cul-de-sac, this home features 4 bedrooms and 5 bathrooms and exceptional craftsmanship throughout. The bright main level includes a Gourmet Kitchen with custom Cabinetry and premium appliances, hardwood floors, and a beautiful home office. The expansive basement offers flexible space for a gym. Step outside to a resort-style oasis featuring a custom stone patio, covered pavilion, outdoor fireplace, built-in grill area, and a putting green. The property's beautifully manicured grounds directly abut a peaceful apple orchard, offering unmatched privacy and serene views.
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 4,503 sq ft principal dwelling). Lot size: 56,192 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
Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Dryer • Wine Refrigerator • Range Hood
Neighborhood
Walk/Jog Trails • Golf • Conservation Area • Private School • Public School • University
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 26
Flooring - Hardwood, Crown Molding
Dining Room
Lvl First22 x 16
Closet/Cabinets - Custom Built, Open Floorplan
Kitchen
Lvl First24 x 14
Closet/Cabinets - Custom Built, Pantry, Kitchen Island
Master Bedroom
Lvl Second13 x 19
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Cable Hookup, Recessed Lighting
Bedroom 2
Lvl Second13 x 14
Bedroom 3
Lvl Second13 x 9
Flooring - Wood
Bedroom 4
Lvl Second22 x 21
Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Listing Agent: Jason Saphire
Listing Office: www.HomeZu.com
MLS® Number: 73553852
