10 Wedgewood Andover — Photo 1 of 3
$1,050,000
Investment Analysis — 10 Wedgewood
Andover, MA 01810 — West Andover
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01810 carries an estimated $3,890/mo in gross rent — about a 2.23% cap rate and $23,387/yr in estimated NOI at the $1,050,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,170
Style
Single Family
Built
1984
Thoughtfully updated throughout this spacious colonial is situated in a peaceful setting across from Bald Hill - Wood Hill Reservation. The expansive first floor offers a stunning eat-in kitchen featuring Cafe appliances, two spacious living areas plus a bright dining room & laundry. French doors open to a large composite deck and sweeping back yard. All four bedrooms are found on the second floor including the primary with en-suite bath. Generous closets throughout. Future expansion possibility with full walk up attic. New roof, windows, flooring, heating system, landscaping and four bedroom septic. Enjoy the serenity of this private setting while remaining convenient to major highways, shopping and schools.
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 2,170 sq ft principal dwelling). Lot size: 32,365 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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Microwave • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Plumbed For Ice Maker
Neighborhood
Shopping • Golf • Medical Facility • Conservation Area • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, French Doors, Recessed Lighting, Peninsula
Family Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Primary Bedroom
Lvl SecondBathroom - 3/4, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondWalk-In Closet(s), Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - 1/4
Bathroom 2
Lvl SecondBathroom - Tiled With Tub & Shower
Bathroom 3
Lvl SecondBathroom - Tiled With Shower Stall
Listing Agent: Peggy Adams
Listing Office: Northeast Realty, LLC
MLS® Number: 73576926