
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 17
Flooring - Laminate
Kitchen
Lvl First12 x 10
Flooring - Vinyl
Master Bedroom
Lvl First16 x 12
Flooring - Laminate
Bathroom 1
Lvl First5 x 8
Flooring - Vinyl
Property History
$2,000
Sep 9, 2026
MLS® 73574870
$285,000
Aug 12, 2026
MLS® 73563003
Listing Agent: Lynne Rudnicki
Listing Office: Home Seller's Edge
MLS® Number: 73563003
