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31 Brown St Andover — Photo 1 of 32

31 Brown St Andover — Photo 1 of 32

$995,000

Investment Analysis — 31 Brown St

Andover, MA 01810 — West Andover

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 2.16% cap rate and $21,525/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,450

Style

Single Family

Built

1976

3-Bedroom Colonial on a Full Acre with a magnificent 4 season addition, New Septic system being built & Owned 26 panel Solar array (no lease), a whole-house emergency generator, and a mini-split system in most rooms providing both heating and air conditioning. Enjoy the granite counters and stainless steel applianced kitchen with warm stone like tile and a bow window. The stovetop is propane fueled and both ovens are electric- real chefs' favorite combination. Hardwood runs throughout the home. Yes, it is hardwood under the carpets. The spacious primary suite includes double closets and it's own ¾ bathroom. Custom cabinets in the 400 sq ft. Great Room as well as in the kitchen. There is a second family room, 200 square feet, helpful for a family with various tastes and ages. Relax surrounded by the mature landscaped acre lot with a built-in swimming pool and entertainment-sized deck—perfect for summer gatherings. The pool is 18 x 36 and has an 8 ft deep end. Liner is 6 yrs old and the pump is in excellent shape. Two wood-burning fireplaces and a propane-fueled gas stove add warmth and character. Two-car attached garage with access into the house, and full basement with ceiling height potential for finishing. Ideally located in the sought-after Sanborn and High Plain Middle districts. Very Convenient access to Routes 93 and 495. Close to Haggetts Pond where there is a scenic and accessible walking trail. This home doesn’t just look beautiful—it lives beautifully.

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 2,450 sq ft principal dwelling). Lot size: 43,995 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.

Open Houses

Property Details

Financials

Original Price$995,000
Annual Taxes$10,669

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms8
Fireplaces2
FlooringCarpet, Hardwood, Stone / Slate, Flooring - Stone/Ceramic Tile
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Oil, Electric, Propane, Active Solar, Ductless, Leased Propane Tank
CoolingCentral Air, Active Solar, Ductless
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSRC

Property & Lot

Acres1.01
SqFt Lot43,995
Lot FeaturesWooded, Gentle Sloping

Amenities & Appliances

Water Heater • Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Gas Cooktop

Neighborhood

Park • Walk/Jog Trails • Golf • Medical Facility • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

12 x 22

Flooring - Hardwood, Window(s) - Picture

Dining Room
Lvl First

12 x 11

Flooring - Hardwood

Kitchen
Lvl First

21 x 12

Flooring - Stone/Ceramic Tile, Dining Area, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Family Room
Lvl First

18 x 12

Flooring - Hardwood, Deck - Exterior, Slider

Master Bedroom
Lvl Second

12 x 22

Bathroom - 3/4, Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

15 x 14

Bedroom 3
Lvl Second

11 x 10

Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - 3/4, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: The Carroll Group

Listing Office: RE/MAX Partners

MLS® Number: 73571793