Active Under Contract
10 Days on market
12 Maple Ave #3 Andover — Photo 1 of 17

12 Maple Ave #3 Andover — Photo 1 of 17

$359,000

Investment Analysis — 12 Maple Ave #3

Andover, MA 01810 — In Town

Based on HUD Small Area Fair Market Rent, a 1-bedroom in 01810 carries an estimated $2,500/mo in gross rent — about a 4.05% cap rate and $14,542/yr in estimated NOI at the $359,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

766

Style

Condominium

Built

1900

**DOWNTOWN ANDOVER PENTHOUSE LIVING!** Enjoy an exceptional location and 766 square feet of surprisingly spacious one-bedroom living in the heart of downtown Andover. This penthouse condo offers an open floor plan with flexible furniture placement and generous room sizes, creating a comfortable and versatile home. Walk to Whole Foods, Starbucks, restaurants, cafés, boutiques and the commuter rail to Boston. The updated kitchen features granite countertops and stainless-steel appliances, while hardwood floors, crown molding and chair rail detail add character. The generously sized bedroom includes a walk-in closet, with abundant additional closet space throughout. Two deeded parking spaces are a rare downtown convenience. Private basement storage and laundry add to the practicality. Newer gas furnace and hot water heater. Pet friendly. **A rare combination of 766 square feet, two deeded parking spaces, exceptional storage and a prime downtown location.**

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 MLS and other third-party data may be inaccurate or out of date.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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Property Details

Financials

Original Price$359,000
Annual Taxes$4,358
HOA Fee$325

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningSRA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Dining RoomKitchenFamily RoomMaster BedroomBathroom 1
Dining Room
Lvl First

12 x 9

Kitchen
Lvl First

15 x 10

Family Room
Lvl First

21 x 12

Master Bedroom
Lvl First

15 x 11

Bathroom 1
Lvl First

13 x 7

Listing Provided By

Listing Agent: Gretchen Papineau

Listing Office: Coldwell Banker Realty - Andovers/Readings Regional

MLS® Number: 73570908