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31 Sargent St #31 North Andover — Photo 1 of 39

31 Sargent St #31 North Andover — Photo 1 of 39

$425,000

Investment Analysis — 31 Sargent St #31

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01845 carries an estimated $3,590/mo in gross rent — about a 6.65% cap rate and $28,270/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,152

Style

Condex

Built

1910

A great opportunity to live in North Andover without paying a high condo fee. Welcome home to this lovely condex full of character and charm, located near the downtown area of North Andover. This property offers a unique opportunity to acquire a condex with 3 bedrooms, a private yard area, and off-street parking. You will be delighted to step inside to an open-concept updated kitchen with plenty of cabinets and a center island. Dining Room with gleaming h/w flooring, and the living room has w/w carpeting. A full bath completes this floor level. The second floor consists of 3 bedrooms and a walk-up attic for future potential. The basement has plenty of storage and washer and dryer hookups. Bright and sunny enclosed porch to enjoy your morning coffee. Great commuter location with easy access to Rt. 495. Close to schools, shopping, bus stop, and commuter rail. See this home today!

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 MLS and other third-party data may be inaccurate or out of date.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$425,000
Annual Taxes$4,471

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Carpet
BasementY

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoningcondo

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Lynne Farrington

Listing Office: RE/MAX Innovative Properties

MLS® Number: 73575854