
237 North Main Street #10 Andover — Photo 1 of 26
$359,900
Investment Analysis — 237 North Main Street #10
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01810 carries an estimated $2,940/mo in gross rent — about a 3.42% cap rate and $12,323/yr in estimated NOI at the $359,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
995
Style
Condominium
Built
1965
Welcome to this spacious top-floor 2-bedroom condo offering approximately 1,000 square feet of comfortable living space in a convenient Downtown Andover location. Thoughtfully laid out, the home features a generous living room filled with natural light, a dedicated dining area, two well-proportioned bedrooms, and a balcony that extends the living space outdoors.Both bedrooms offer exceptionally generous closet space, providing the kind of storage that can be hard to find in condo living. The top-floor setting adds privacy with no neighbors above, while large windows throughout create an airy and inviting feel. The flexible second bedroom works equally well as a bedroom, guest space, or dedicated home office.Enjoy low-maintenance condo living with an association fee that includes heat, hot water, water, and master insurance, along with access to community amenities including an outdoor swimming pool and tennis court. Ideally located near the heart of Downtown Andover, the property offers easy access to local restaurants, cafés, shops, grocery stores, the commuter rail, and major routes. It is also served by the highly regarded Andover Public Schools, further enhancing the appeal of this desirable Andover location.With approximately 1,000 square feet, two true bedrooms, large closets, top-floor privacy, private outdoor space, community amenities, and excellent access to everything Andover has to offer, this home delivers an attractive combination of space, convenience, storage, and value. Come experience the space, natural light, and convenience of Andover living for yourself.
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
Dishwasher • Microwave • Refrigerator • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Cooktop • Range • Oven
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • T-Station
Geography
Listing Agent: Jerry Song
Listing Office: Greatland Real Estate LLC
MLS® Number: 73567705
