33 Nutmeg Ln North Andover — Photo 1 of 42
Recent Drop: $49,100
$1,549,900
Investment Analysis — 33 Nutmeg Ln
North Andover, MA 01845
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01845 carries an estimated $3,960/mo in gross rent — about a 1.41% cap rate and $21,804/yr in estimated NOI at the $1,549,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
4,228
Style
Single Family
Built
2000
Welcome to this sophisticated, sun-filled property located within a half-mile of Sargent School and close to the Olde Center. A magnificent two-story marble foyer leads to an elegant living room, formal dining room, and private office. The gourmet kitchen features GE Monogram appliances, custom cabinets, and a walk-in pantry, opening to a large family room with a fireplace and a 4-season sunroom. Dine al fresco on the oversized Brazilian walnut deck overlooking an expansive, private backyard. The upper level boasts 5 bedrooms, 3 full baths, and a convenient laundry room. The luxurious primary suite features walk-in closets and a marble en-suite bath. Complete with hardwood floors throughout, a 4 yrs new roof (50-yr warranty), newer HVAC, a newer water heater, and an additional 1,100 sq. ft. unfinished basement. The perfect place to raise a family and entertain in privacy and comfort!
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 4,228 sq ft principal dwelling). Lot size: 33,663 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First19 x 15
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan
Dining Room
Lvl Main,First16 x 15
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Lighting - Pendant, Decorative Molding, Tray Ceiling(s)
Kitchen
Lvl Main,First28 x 16
Flooring - Hardwood, Dining Area, Pantry, Countertops - Upgraded, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Office
Lvl Main15 x 12
Closet, Flooring - Hardwood
Family Room
Lvl Main,First25 x 18
Flooring - Hardwood, Open Floorplan
Master Bedroom
Lvl Second23 x 18
Bathroom - Full, Walk-In Closet(s), Window(s) - Picture, Double Vanity, Tray Ceiling(s)
Bedroom 2
Lvl Second15 x 13
Bedroom 3
Lvl Second15 x 13
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second15 x 12
Closet, Flooring - Hardwood
Bedroom 5
Lvl Second13 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl First9 x 6
Bathroom - Half, Closet, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second18 x 9
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second11 x 7
Bathroom - Full
Property History
$1,549,900
Was $1,599,000
Sep 9, 2026
MLS® 73540971
$1,600,000
Jun 24, 2026
MLS® 73540971
$8,000
Jun 9, 2026
MLS® 73500776
$8,000
Apr 13, 2026
MLS® 73500776
Listing Agent: Hongyan Sun
Listing Office: Stonebridge Realty
MLS® Number: 73540971
