Active Under Contract
25 Days on market
456 Summer North Andover — Photo 1 of 42

456 Summer North Andover — Photo 1 of 42

$899,999

Investment Analysis — 456 Summer

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01845 carries an estimated $3,960/mo in gross rent — about a 3.10% cap rate and $27,896/yr in estimated NOI at the $899,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,523

Style

Single Family

Built

1970

Welcome Home! Lovingly updated raised ranch style 4 bed 3 bath 2 car garage in North Andover, MA. Kitchen features tile plank flooring, new GRANITE countertops, dishwasher, and refrigerator, gas stove, brick accent wall with custom shelves, coffee bar with beverage fridge & butcher block counter, HARDWOOD floors in spacious living room wood burning fireplace, mantle is from 100 year old barn in New Hampshire, new large windows, hallway to bedrooms has a large linen closet and updated bathroom with double vanity, Upstairs three bedrooms all feature hardwood floors, ceiling fans, primary bedroom with private bathroom tile floor and shower. Home has central AC, and added Mitsubishi heat and AC downstairs finished level all new tile plank flooring in living room with fireplace/office area, bonus room, bedroom, bathroom tile shower granite countertop, washer and dryer also located on lower level. IN GROUND GUNITE SALTWATER POOL ... HEATED! fenced Pool area with large wood pavilion, storage shed, wood shed, & pool house with french doors, white cabinetry, granite counters, new 4 burner electric range, 2 loft areas, laminate floors, step outside stone pavers entertainment area custom gas fire pit, and professionally landscaped home all around featuring hydrangeas, a peach tree, lilacs, lawn irrigation, circular driveway with plenty of parking, vinyl siding, and wood deck off kitchen.

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 2,523 sq ft principal dwelling). Lot size: 44,866 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.

Property Details

Financials

Original Price$899,999
Annual Taxes$8,219

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms8
Fireplaces2
FlooringTile, Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Interior Entry, Garage Access

Climate & Utilities

HeatingCentral, Natural Gas, Ductless
CoolingCentral Air, Ductless
WaterPublic, Private
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR2

Property & Lot

Acres1.03
SqFt Lot44,866
Lot FeaturesWooded, Level

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Pool • Golf • Medical Facility • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3
Basement
OfficeFamily RoomBedroom 4
Living Room
Lvl First

Wood / Coal / Pellet Stove, Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Wine Chiller

Office
Lvl Basement

Flooring - Stone/Ceramic Tile

Family Room
Lvl Basement

Wood / Coal / Pellet Stove, Flooring - Stone/Ceramic Tile

Primary Bedroom
Lvl First

Ceiling Fan(s), Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Ceiling Fan(s), Flooring - Hardwood

Bedroom 4
Lvl Basement

Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Laura Madison

Listing Office: Keller Williams Gateway Realty

MLS® Number: 73565746