
23 Taylor Cove Drive #23 Andover — Photo 1 of 40
$1,025,000
Investment Analysis — 23 Taylor Cove Drive #23
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01810 carries an estimated $3,530/mo in gross rent — about a 1.33% cap rate and $13,587/yr in estimated NOI at the $1,025,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,331
Style
Condominium
Built
2019
Enjoy the quality and comfort of newer construction at Taylor Cove, a coveted community of just 32 luxury townhomes. Built in 2020 and arguably positioned in the best location within the complex, this beautifully designed three-bedroom, 2.5-bath home overlooks a scenic nature preserve, offering exceptional privacy and tranquil wooded views. With generous living space, an attached two-car garage and the feel of a single-family home, this property is truly special. A welcoming front porch opens to a gracious foyer and sun-filled living room featuring hardwood floors and a gas fireplace. The open-concept kitchen offers custom cabinetry, granite countertops, stainless-steel appliances and a center island. The adjoining dining area leads to a private deck and yard, perfect for barbecuing, relaxing or gathering around the fire pit. A half bath, mudroom area and additional closet complete the first floor. Upstairs, the spacious primary suite features a walk-in closet, an additional closet and a beautiful en-suite bath with a double vanity. Two generously sized bedrooms, another full bath and convenient second-floor laundry complete this impressive layout. The walkout basement offers excellent potential for additional living space, a home office, gym or recreation room. Conveniently located near the Ballardvale commuter rail, Routes 93 and 125, and the restaurants, shops and charm of downtown Andover, this exceptional home offers the perfect combination of privacy, convenience and modern living!
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
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Water Treatment
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First23 x 19
Closet, Flooring - Hardwood, Open Floorplan
Kitchen
Lvl Main,First23 x 14
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cable Hookup, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
Primary Bedroom
Lvl Second22 x 19
Bathroom - Full, Flooring - Hardwood
Bedroom 2
Lvl Second17 x 12
Bedroom 3
Lvl Second16 x 15
Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Second12 x 8
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second14 x 8
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity
Listing Agent: Maureen Howe
Listing Office: ERA Key Realty Services
MLS® Number: 73575650