29 Rosedale Avenue North Andover — Photo 1 of 29
$649,900
Investment Analysis — 29 Rosedale Avenue
North Andover, MA 01845
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01845 carries an estimated $3,590/mo in gross rent — about a 4.00% cap rate and $26,019/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,371
Style
Single Family
Built
1963
A rare opportunity to own this special home which has been lovingly cared for and maintained by it's original owners for more than 63 years! Prime location close to everything - Franklin School, Drummond Park, The Old Center and The North Andover Youth Center. This house is perfect for a first-time buyer or downsizer. Well appointed eat-in kitchen opens to a large living room with wood stove and bay window making entertaining easy. Primary bedroom has a half bathroom. Additional 2 bedrooms share a full bathroom. Enjoy warm summer evenings in the 3-season porch. Nice hardwood floors throughout, central a/c and whole house generator plus BONUS 2-car detached garage. Lower level has a partially finished area, workshop room and attached garage. The ideas are endless to make this home yours. Great commuter location close to Routes 114, 125 and 495. Welcome 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: 686 sq ft (the lesser of 900 sq ft or half the 1,371 sq ft principal dwelling). Lot size: 16,331 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 • Range • Dishwasher • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First17 x 13
Wood / Coal / Pellet Stove, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access
Dining Room
Lvl Main,First10 x 10
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Pendant
Kitchen
Lvl Main,First10 x 10
Flooring - Laminate, Kitchen Island, Exterior Access, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Master Bedroom
Lvl Main,First14 x 11
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Main,First11 x 11
Bedroom 3
Lvl Main,First11 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl Main,First8 x 10
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Laminate, Lighting - Sconce
Bathroom 2
Lvl Main,FirstBathroom - Half, Flooring - Laminate, Lighting - Overhead
Listing Agent: Debbie Carusi
Listing Office: Coldwell Banker Realty - Andovers/Readings Regional
MLS® Number: 73568454