354 N Main St #306 Andover — Photo 1 of 13
$345,000
Investment Analysis — 354 N Main St #306
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 1-bedroom in 01810 carries an estimated $2,240/mo in gross rent — about a 5.00% cap rate and $17,250/yr in estimated NOI at the $345,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
720
Style
Condominium
Built
1930
Don’t miss this spacious top-floor one-bedroom condo in Andover’s historic brick Aberdeen Building! Freshly painted and filled with natural light, the unit offers a welcoming living area, dining space, well-appointed kitchen with a new dishwasher, comfortable bedroom and full bath. Additional conveniences include laundry in the building and extra storage. Ideally located in Shawsheen Village near downtown Andover’s shops and restaurants, the commuter rail, walking trails, and Routes 495 and 93. A wonderful opportunity to enjoy charm, convenience and easy condo living!
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Joan Powell
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73578222