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 3.62% cap rate and $12,483/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
This spacious top-floor, four-room, one-bedroom condo is located in Andover’s sought-after historic Aberdeen Building! Freshly painted and filled with natural light, this charming home features high ceilings, oversized windows and a flexible layout with a separate dining room that can also serve as a home office or study. The well-appointed kitchen features a new dishwasher, while the comfortable bedroom and full bath complete the space. Laundry is conveniently located just a couple of doors down the hallway on the same floor, plus additional storage is included. Ideally situated in Shawsheen Village near downtown Andover’s shops and restaurants, commuter rail, walking trails, and Routes 495 and 93. A wonderful opportunity to enjoy the character of a historic building with the space and convenience!
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Joan Powell
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73578222