29 Mill Pond #29 North Andover — Photo 1 of 27
$533,000
Investment Analysis — 29 Mill Pond #29
North Andover, MA 01845
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01845 carries an estimated $2,990/mo in gross rent — about a 2.47% cap rate and $13,150/yr in estimated NOI at the $533,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,718
Style
Condominium
Built
1974
Welcome to 29 Mill Pond, where comfort, convenience, and a love of the outdoors come together. This beautifully refreshed 2-bedroom, 2.5-bath townhome offers a spacious and versatile layout with an additional loft, perfect for a home office, den, guest space, or reading retreat. This move-in-ready home features updated heating and hot water systems, a new cooling system, and tasteful updates throughout. Generously sized bedrooms, abundant natural light, and a thoughtful floor plan make everyday living easy. Nature lovers will especially appreciate the setting, with Stevens Pond, scenic trails, and nearby conservation areas offering opportunities to enjoy the outdoors. Enjoy nearby Weir Hill and Lake Cochichewick, along with convenient access to North Andover’s shops, dining, recreation, and everyday amenities. Easy access to major highways adds to the convenience, making 29 Mill Pond a wonderful opportunity for low-maintenance living in North Andover.
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 17
Ceiling Fan(s), Flooring - Hardwood, Open Floorplan, Slider, Sunken
Dining Room
Lvl First20 x 9
Flooring - Stone/Ceramic Tile, Recessed Lighting, Slider
Kitchen
Lvl First14 x 11
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Slider, Stainless Steel Appliances
Master Bedroom
Lvl Second17 x 12
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second14 x 11
Bathroom 1
Lvl First7 x 3
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second11 x 8
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Overhead
Bathroom 3
Lvl Second10 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
Listing Agent: Team Lillian Montalto
Listing Office: Lillian Montalto Signature Properties
MLS® Number: 73569100
