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34 Days on market
11 Black Horse Lane Andover — Photo 1 of 42

11 Black Horse Lane Andover — Photo 1 of 42

$2,985,000

Investment Analysis — 11 Black Horse Lane

Andover, MA 01810

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 5-bedroom in 01810 carries an estimated $3,890/mo in gross rent — about a 0.21% cap rate and $6,349/yr in estimated NOI at the $2,985,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

6

SqFt

6,311

Style

Single Family

Built

2006

Every family has that one home everyone wants to come back to. This is that home. Set quietly at the end of a long, winding driveway, this extraordinary residence offers the feeling of a private estate while remaining just minutes from downtown Andover, major commuting routes, and some of the area's most sought-after schools. Surrounded by mature landscaping and thoughtfully designed inside and out, it is a home that welcomes every season, every celebration, and every generation. Rich custom millwork, soaring ceilings, handcrafted details, and walls of windows create spaces that are both grand and inviting. The spectacular great room, with its fireplace and access to the back yard, naturally becomes the heart of every gathering, while the richly appointed study feels more like a private tavern than a traditional office, a place to pour a drink, watch the game, or linger over conversation with friends. At the center of it all, the beautifully updated kitchen features Viking appliances, beverage refrigerators, and thoughtful enhancements that make it just as enjoyable for everyday meals as it is for hosting a holiday dinner. Just beyond, the year-round sunroom with radiant heated floors and a stunning front-to-back fireplace is a place you'll find yourself returning to morning, afternoon, and evening. Five spacious bedrooms, each with its own private bath, provide exceptional comfort and privacy for family and guests alike. Outside, the lifestyle continues. The covered porch overlooking the backyard feels like the veranda of a classic New England retreat, where coffee lasts a little longer and summer evenings seem to never end. Beyond, the beautifully landscaped grounds surround a heated saltwater pool and spa with a cascading waterfall, a new stone fire pit, sweeping wisteria, a newly fenced pet area, and a charming pool house complete with a changing room, half bath, and outdoor shower. Whether you're entertaining a crowd or enjoying a quiet afternoon at home, every space was designed to be lived in and enjoyed. Additional highlights include a three-car garage wired for a future EV charger, a dedicated home gym, an expansive unfinished lower level ready for your vision, a Generac whole-house generator, Reed's Ferry shed, new boiler, bluestone driveway, exterior painting, updated pool equipment, and numerous additional improvements that reflect years of thoughtful care and investment.

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 6,311 sq ft principal dwelling). Lot size: 158,001 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.

Immersive Experience

Property Details

Financials

Original Price$2,985,000
Annual Taxes$29,128

Parking

Garage3
Off-Street13

Interior Specifications

Total Rooms14
Fireplaces4
FlooringWood, Tile, Carpet, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Flooring - Hardwood
BasementUnfinished

Climate & Utilities

HeatingForced Air, Fireplace
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSRC

Property & Lot

Acres3.63
SqFt Lot158,001
Lot FeaturesEasements

Amenities & Appliances

Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 3
First
Living RoomDining RoomFamily RoomPrimary BedroomBathroom 1Bathroom 2
Main,First
Kitchen
Living Room
Lvl First

21 x 9

Flooring - Wood

Dining Room
Lvl First

21 x 15

Flooring - Hardwood

Kitchen
Lvl Main,First

21 x 16

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant

Family Room
Lvl First

20 x 19

Vaulted Ceiling(s), Flooring - Hardwood, Exterior Access, Recessed Lighting

Primary Bedroom
Lvl First

20 x 15

Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

21 x 13

Bedroom 3
Lvl Second

20 x 13

Bathroom - Full, Flooring - Wall to Wall Carpet, Balcony - Exterior, Exterior Access

Bedroom 4
Lvl Second

20 x 13

Flooring - Wall to Wall Carpet

Bedroom 5
Lvl Second

19 x 16

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

17 x 13

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Double Vanity, Lighting - Overhead

Bathroom 2
Lvl First

5 x 5

Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl Second

13 x 10

Bathroom - With Tub & Shower, Flooring - Wall to Wall Carpet

Listing Provided By

Listing Agent: Melanie Lentini

Listing Office: Leading Edge Real Estate

MLS® Number: 73561392