
29 Delucia Way North Andover — Photo 1 of 42
$985,000
Investment Analysis — 29 Delucia Way
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 2.65% cap rate and $26,071/yr in estimated NOI at the $985,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,526
Style
Single Family
Built
2003
Set in a desirable North Andover location, this 4-bedroom, 2.5-bath home, thoughtfully designed by Stephen M. Smolak, blends character, comfort, and functionality. Nestled at the end of a quiet cul-de-sac, the property features a beautiful backyard with the Shawsheen River just beyond and a scenic walking trail nearby. A large back deck and peaceful wraparound front porch provide ideal spaces to relax and enjoy the surrounding landscape.Inside, the kitchen opens to the family room for easy everyday living, while a separate dining room is perfect for entertaining. Natural light fills each room, creating a warm and inviting atmosphere. The second floor offers four bedrooms with ample closet space, including a spacious primary suite with an attached full bath featuring a separate shower and tub.The walk-out basement offers excellent potential for future renovation, including an entertainment area, home gym, recreation space, or additional living area, with direct access to the backyard. A spacious attic provides additional storage. Enjoy all that North Andover has to offer, including highly regarded public schools, conservation areas, recreation, dining, shopping, golf, country clubs, and easy access to North Shore beaches. Conveniently located near Routes 93 and 495, with Andover Center less than 10 minutes away and Boston approximately 24 miles away. A wonderful opportunity to enjoy privacy, natural beauty, and the best of North Andover living.
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 2,526 sq ft principal dwelling). Lot size: 35,284 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
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood
Neighborhood
Shopping • Walk/Jog Trails • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstBathroom - Half, Closet, Flooring - Hardwood, Balcony / Deck, Cable Hookup, Deck - Exterior, Exterior Access, Recessed Lighting, Lighting - Overhead
Dining Room
Lvl FirstFlooring - Wood, Lighting - Sconce, Lighting - Pendant
Kitchen
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead
Family Room
Lvl FirstMaster Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Flooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wood, Lighting - Sconce
Bedroom 4
Lvl SecondCloset, Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Wood, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub, Bathroom - With Tub, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Double Vanity, Lighting - Overhead
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: Olivia Bonacorso
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73564886
