3 Longwood Dr #103 Andover — Photo 1 of 29
$409,000
Investment Analysis — 3 Longwood Dr #103
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01810 carries an estimated $3,530/mo in gross rent — about a 4.29% cap rate and $17,543/yr in estimated NOI at the $409,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,315
Style
Condominium
Built
1961
Welcome to Andover Terrace! This spacious three-bedroom, two-full-bath condo offers the space and flexibility that can be hard to find. The bright and inviting living area opens to a beautiful private patio with plenty of room for outdoor dining, entertaining, or simply relaxing at the end of the day. Three comfortable bedrooms and two full baths provide an ideal layout for everyday living, guests, or a home office. Generous closet space and additional storage add even more convenience. Heat and hot water are included in the condo fee, making for easy, low-maintenance living. Ideally located close to Andover Center, the YMCA, shopping, restaurants, Merrimack College, and major commuter routes. A wonderful opportunity to enjoy three bedrooms, two full baths, your own outdoor space, and all that Andover has to offer!
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 MLS and other third-party data may be inaccurate or out of date.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 • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First23 x 10
Flooring - Hardwood, Exterior Access, Open Floorplan, Lighting - Overhead
Dining Room
Lvl Main,First17 x 10
Flooring - Hardwood, Exterior Access, Open Floorplan, Lighting - Overhead
Kitchen
Lvl Main,First9 x 12
Flooring - Hardwood, Stainless Steel Appliances, Lighting - Overhead
Master Bedroom
Lvl Main,First20 x 15
Bathroom - 3/4, Closet, Flooring - Hardwood
Bedroom 2
Lvl Main,First12 x 12
Bedroom 3
Lvl Main,First9 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl Main,First9 x 8
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Lighting - Sconce
Bathroom 2
Lvl Main,First7 x 5
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Lighting - Sconce
Listing Agent: The Maureen Moran Team
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73563337
