Active
2 Days on market
37 Porter Road Andover — Photo 1 of 40

37 Porter Road Andover — Photo 1 of 40

$2,395,000

Investment Analysis — 37 Porter Road

Andover, MA 01810

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 5-bedroom in 01810 carries an estimated $3,890/mo in gross rent — about a 0.85% cap rate and $20,358/yr in estimated NOI at the $2,395,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

5.5

SqFt

4,702

Style

Single Family

Built

1758

Rarely does a home carry both the weight of history and the comfort of modern living so gracefully. This wonderfully restored and renovated antique sits on the corner of one of Andover's finest neighborhoods, in the heart of the coveted Pike School and Phillips Academy area. Built in 1758 by Hezekiah Ballard and later transferred to Thomas Manning in 1771, the home remained in the Manning family for over two centuries, until 1999. It is proudly listed on the National Register of Historic Places, one of Andover's most historically significant homes. Enjoy living in a home with true historic character and every modern convenience. The kitchen and all 5.5 baths have been thoughtfully and recently updated, along with every major system, electric and heating included, so timeless charm comes paired with modern-day reliability. The first floor offers a spacious country kitchen with gas fireplace, DR with hardwood floors, family room with a Colonial cooking fireplace and coffered ceiling, living room with Colonial cooking FP. and office with coffered ceiling. 5 Bedrooms & 5 baths on the 2nd floor. 2 BR's have wide pine floors. Preservation Document to be reviewed and acknowledged by buyer (see Clipboard)

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 4,702 sq ft principal dwelling). Lot size: 20,347 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$2,395,000
Annual Taxes$15,119

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms10
Fireplaces4
FlooringWood, Tile, Flooring - Stone/Ceramic Tile, Flooring - Wood, Flooring - Hardwood
BasementFull

Climate & Utilities

HeatingForced Air, Fireplace
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningSRB

Property & Lot

Acres0.47
SqFt Lot20,347
Lot FeaturesCorner Lot, Wooded

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 1Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily Room
Living Room
Lvl First

18 x 15

Flooring - Wood

Dining Room
Lvl First

18 x 16

Flooring - Wood

Kitchen
Lvl First

23 x 13

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Country Kitchen, Deck - Exterior, Lighting - Pendant

Office
Lvl First

12 x 11

Ceiling - Coffered, Flooring - Wood, Pocket Door

Family Room
Lvl First

12 x 19

Coffered Ceiling(s), Flooring - Hardwood

Primary Bedroom
Lvl Second

34 x 18

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second

18 x 12

Bedroom 3
Lvl Second

14 x 15

Bathroom - 3/4, Flooring - Hardwood

Bedroom 4
Lvl Second

18 x 16

Bathroom - 3/4, Fireplace, Flooring - Wood

Bedroom 5
Lvl Second

18 x 16

Flooring - Wood

Bathroom 1
Lvl Second

Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Soaking Tub

Bathroom 2
Lvl Second

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: The Deborah Lucci Team

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73575903