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207 French Farm Rd North Andover — Photo 1 of 38

207 French Farm Rd North Andover — Photo 1 of 38

$1,100,000

Investment Analysis — 207 French Farm Rd

North Andover, MA 01845 — French Farm

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01845 carries an estimated $3,960/mo in gross rent — about a 2.33% cap rate and $25,678/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

3,004

Style

Single Family

Built

1985

Set in one of North Andover’s most desirable established neighborhoods, 207 French Farm Road combines a beautifully updated interior with one of the more private settings on the cul-de-sac. Positioned up and away from the circular road near the end of the circle, the home enjoys a peaceful setting within a neighborhood known for its community feel. Inside, the first floor has been thoughtfully updated, highlighted by a spacious kitchen with abundant cabinetry, granite countertops, a large center island and an adjoining dining area overlooking the backyard. Hardwood floors, updated baths and comfortable living spaces give the home a fresh feel while maintaining the character of a classic Colonial. Upstairs are four bedrooms, including a primary suite with an updated bath, while the finished lower level adds valuable flexible space for recreation, guests, work or everyday living. Outside, the open and serene backyard offers plenty of room to enjoy the outdoors and gather with family and friends. With its beautifully updated interior, flexible living space, premium lot and special setting within the neighborhood, this home has all the ingredients of a true forever home.

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 3,004 sq ft principal dwelling). Lot size: 44,867 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.

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Property Details

Financials

Original Price$1,100,000
Annual Taxes$10,437

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Carpet, Laminate
BasementFinished, Partially Finished

Climate & Utilities

HeatingBaseboard, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningR2

Property & Lot

Acres1.03
SqFt Lot44,867
Lot Features--

Amenities & Appliances

Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Highway Access • House of Worship • Private School • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
Main,First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl Main,First

14 x 13

Flooring - Wood

Dining Room
Lvl Main,First

14 x 12

Flooring - Wood, Wainscoting, Lighting - Overhead, Crown Molding

Kitchen
Lvl Main,First

22 x 13

Flooring - Wood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant, Lighting - Overhead

Family Room
Lvl Main,First

18 x 16

Flooring - Wood, Cable Hookup, Lighting - Overhead

Master Bedroom
Lvl Second

18 x 16

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

17 x 13

Bedroom 3
Lvl Second

13 x 12

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

12 x 11

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl Main,First

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

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: The Ternullo Real Estate Team

Listing Office: Leading Edge Real Estate

MLS® Number: 73574703