
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Highway Access • House of Worship • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14 x 13
Flooring - Wood
Dining Room
Lvl Main,First14 x 12
Flooring - Wood, Wainscoting, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,First22 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,First18 x 16
Flooring - Wood, Cable Hookup, Lighting - Overhead
Master Bedroom
Lvl Second18 x 16
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second17 x 13
Bedroom 3
Lvl Second13 x 12
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second12 x 11
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: The Ternullo Real Estate Team
Listing Office: Leading Edge Real Estate
MLS® Number: 73574703