Active
25 Days on market
29 Delucia Way North Andover — Photo 1 of 42

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.

View Standard Listing

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

Original Price$985,000
Annual Taxes$10,044

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile
BasementFull, Walk-Out Access, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Block
ZoningR4

Property & Lot

Acres0.81
SqFt Lot35,284
Lot FeaturesCul-De-Sac, Corner Lot, Gentle Sloping

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

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Dining RoomKitchenFamily RoomBathroom 1
Main,First
Living Room
Living Room
Lvl Main,First

Bathroom - Half, Closet, Flooring - Hardwood, Balcony / Deck, Cable Hookup, Deck - Exterior, Exterior Access, Recessed Lighting, Lighting - Overhead

Dining Room
Lvl First

Flooring - Wood, Lighting - Sconce, Lighting - Pendant

Kitchen
Lvl First

Closet/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 First
Master Bedroom
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Flooring - Wood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wood, Lighting - Sconce

Bedroom 4
Lvl Second

Closet, Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Wood, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead

Bathroom 2
Lvl Second

Bathroom - 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 Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: Olivia Bonacorso

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73564886