
865 Johnson Street North Andover — Photo 1 of 41
$1,799,900
Investment Analysis — 865 Johnson Street
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 0.81% cap rate and $14,516/yr in estimated NOI at the $1,799,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
4,200
Style
Single Family
Built
2026
Space, style and flexibility define this impressive four-bedroom home at 865 Johnson Street in North Andover. Designed for comfortable living and effortless entertaining, the home spans three finished levels and offers a thoughtful balance of open gathering spaces and private retreats.The kitchen, complete with a large pantry, anchors the main level, while a convenient mudroom off the garage provides a practical everyday entry. The adjoining family room—with its wet bar and access to the deck and backyard—sets the stage for everything from relaxed evenings to weekend entertaining. A dedicated office offers privacy for working from home, while separate living and dining rooms add versatility and a touch of formality to the floor plan. Upstairs, all four bedrooms are conveniently located alongside three full bathrooms and a dedicated laundry room. The primary suite stands apart with a fireplace, two closets and a spacious private bath featuring a soaking tub. The finished upper level adds another dimension to the home, offering a generous bonus room suited for recreation, media, fitness or creative pursuits. Abundant storage and plumbing roughed in for an additional bathroom create excellent potential for future expansion. North Andover offers an exceptional blend of scenic beauty, rich history and everyday convenience. Set along the Merrimack River approximately 24 miles north of Boston, the town is known for its historic Old Center, inviting community spaces and abundant opportunities for outdoor recreation. Nearby commuter rail stations and regional bus service provide additional connections throughout the Merrimack Valley and into Boston.With a two-car garage, inviting outdoor space and a floor plan that adapts beautifully to everyday life, 865 Johnson Street delivers the space, setting and amenities today’s homeowners are looking for.
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 4,200 sq ft principal dwelling). Lot size: 57,338 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.
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Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Wine Refrigerator
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Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Crown Molding
Dining Room
Lvl FirstFlooring - Hardwood, Crown Molding, Decorative Molding
Kitchen
Lvl FirstFlooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Pot Filler Faucet, Storage, Gas Stove, Lighting - Pendant
Office
Lvl FirstFamily Room
Lvl Main,FirstFlooring - Hardwood, Wet Bar, Deck - Exterior, Open Floorplan, Recessed Lighting
Master Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Soaking Tub
Listing Agent: The Parker Group
Listing Office: RE/MAX Encore
MLS® Number: 73569205
