Active
31 Days on market
55 Fernview Ave #8 North Andover — Photo 1 of 34

55 Fernview Ave #8 North Andover — Photo 1 of 34

$285,000

Investment Analysis — 55 Fernview Ave #8

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01845 carries an estimated $2,280/mo in gross rent — about a 4.47% cap rate and $12,749/yr in estimated NOI at the $285,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

695

Style

Condominium

Built

1967

Welcome to Heritage Green Condominium! This turnkey, first-floor unit offers easy, one-level living and is ready for its new owner. Enjoy the convenience of stepping directly outside from the living room slider to the patio area. This is especially convenient for pet owners! The laundry room is located just outside the unit door on the same level, making everyday living easy and accessible. The eat-in kitchen has been redesigned to maximize the space, with extended granite countertops, additional cabinetry, and a full-size refrigerator. It features a gas range, microwave, and dishwasher. The spacious living room opens to the patio, providing a great spot for relaxing or enjoying the outdoors. Recent updates include new flooring, fresh paint, and a brand-new 12,000 BTU wall air conditioner. The bedroom features a double closet with a customized closet system, making organizing clothing a breeze. Additional attic storage provides even more space for your belongings. The condominium fee includes heat, hot water, water, sewer, gas, master insurance, snow removal, and more, helping simplify your monthly expenses. Heritage Green is a pet-friendly community, welcoming both dogs and cats. Enjoy an impressive selection of amenities, including swimming pools, fitness room, community room, billiards, tennis, basketball, and playground. Ample owner and guest parking is available. Conveniently located near I-495 and I-93, with abundant shopping, dining, and services nearby in Salem, NH. Whether you're looking for low-maintenance living, convenient amenities, or a pet-friendly community, this updated Heritage Green condo is ready to welcome you home!

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$285,000
Annual Taxes$3,173
HOA Fee$406

Parking

Garage0
Off-Street99

Interior Specifications

Total Rooms3
FireplacesNone
FlooringTile, Carpet, Laminate
BasementY

Climate & Utilities

HeatingBaseboard
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR

Property & Lot

Acres40.8
SqFt Lot1,777,247
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl First

15 x 17

Flooring - Laminate

Kitchen
Lvl First

12 x 10

Flooring - Vinyl

Master Bedroom
Lvl First

16 x 12

Flooring - Laminate

Bathroom 1
Lvl First

5 x 8

Flooring - Vinyl

Property History

Listed
$2,000

Sep 9, 2026

MLS® 73574870

Listed
$285,000

Aug 12, 2026

MLS® 73563003

Listing Provided By

Listing Agent: Lynne Rudnicki

Listing Office: Home Seller's Edge

MLS® Number: 73563003