128 Mablin Ave North Andover — Photo 1 of 22
Recent Drop: $25,000
$374,900
Investment Analysis — 128 Mablin Ave
North Andover, MA 01845
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01845 carries an estimated $2,280/mo in gross rent — about a 4.24% cap rate and $15,896/yr in estimated NOI at the $374,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
660
Style
Single Family
Built
1950
Wonderful opportunity to renovate, expand, or build on this charming 1-bedroom Ranch set on a fabulous level, fenced lot in a quiet neighborhood. Conveniently located close to commuter routes and highly regarded schools, this property offers outstanding potential for homeowners, investors, or builders. The spacious lot provides endless possibilities and may offer the opportunity to add an ADU or additional living space, subject to town approvals and R-4 zoning requirements. Recent improvements include a newer roof, heating system, hot water heater, and updated electrical, providing an excellent foundation for future enhancements. Whether you're looking to create your dream home, expand the existing footprint, or explore the property's development potential, this is a rare opportunity to own a generously sized lot at an attractive price in a desirable location. Buyers are encouraged to perform their own due diligence regarding zoning and future uses.
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: 330 sq ft (the lesser of 900 sq ft or half the 660 sq ft principal dwelling). Lot size: 10,001 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 13
Flooring - Hardwood
Kitchen
Lvl First10 x 13
Flooring - Vinyl
Master Bedroom
Lvl First9 x 16
Flooring - Vinyl
Bathroom 1
Lvl First7 x 5
Bathroom - Full, Closet - Linen, Flooring - Vinyl
Property History
$374,900
Was $399,900
Sep 2, 2026
MLS® 73557454
$399,900
Jul 31, 2026
MLS® 73557454
Listing Agent: The Carroll Group
Listing Office: RE/MAX Partners
MLS® Number: 73557454