Active
80 Days on market
33 Nutmeg Ln North Andover — Photo 1 of 42

33 Nutmeg Ln North Andover — Photo 1 of 42

Recent Drop: $49,100

$1,599,000
$1,549,900

$1,549,900

Investment Analysis — 33 Nutmeg Ln

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01845 carries an estimated $3,960/mo in gross rent — about a 1.41% cap rate and $21,804/yr in estimated NOI at the $1,549,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3.5

SqFt

4,228

Style

Single Family

Built

2000

Welcome to this sophisticated, sun-filled property located within a half-mile of Sargent School and close to the Olde Center. A magnificent two-story marble foyer leads to an elegant living room, formal dining room, and private office. The gourmet kitchen features GE Monogram appliances, custom cabinets, and a walk-in pantry, opening to a large family room with a fireplace and a 4-season sunroom. Dine al fresco on the oversized Brazilian walnut deck overlooking an expansive, private backyard. The upper level boasts 5 bedrooms, 3 full baths, and a convenient laundry room. The luxurious primary suite features walk-in closets and a marble en-suite bath. Complete with hardwood floors throughout, a 4 yrs new roof (50-yr warranty), newer HVAC, a newer water heater, and an additional 1,100 sq. ft. unfinished basement. The perfect place to raise a family and entertain in privacy and comfort!

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 4,228 sq ft principal dwelling). Lot size: 33,663 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.

Open Houses

Property Details

Financials

Original Price$1,600,000
Annual Taxes$14,311

Parking

Garage3
Off-Street13

Interior Specifications

Total Rooms11
Fireplaces2
FlooringTile, Marble, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Garage Access, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR3

Property & Lot

Acres0.77
SqFt Lot33,663
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Bathroom 1
Main,First
Living RoomDining RoomKitchenFamily Room
Main
Office
Living Room
Lvl Main,First

19 x 15

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan

Dining Room
Lvl Main,First

16 x 15

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Lighting - Pendant, Decorative Molding, Tray Ceiling(s)

Kitchen
Lvl Main,First

28 x 16

Flooring - Hardwood, Dining Area, Pantry, Countertops - Upgraded, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant

Office
Lvl Main

15 x 12

Closet, Flooring - Hardwood

Family Room
Lvl Main,First

25 x 18

Flooring - Hardwood, Open Floorplan

Master Bedroom
Lvl Second

23 x 18

Bathroom - Full, Walk-In Closet(s), Window(s) - Picture, Double Vanity, Tray Ceiling(s)

Bedroom 2
Lvl Second

15 x 13

Bedroom 3
Lvl Second

15 x 13

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

15 x 12

Closet, Flooring - Hardwood

Bedroom 5
Lvl Second

13 x 11

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

9 x 6

Bathroom - Half, Closet, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

18 x 9

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

Bathroom 3
Lvl Second

11 x 7

Bathroom - Full

Property History

Price Drop
$1,549,900

Was $1,599,000

Sep 9, 2026

MLS® 73540971

Listed
$1,600,000

Jun 24, 2026

MLS® 73540971

Terminated
$8,000

Jun 9, 2026

MLS® 73500776

Listed
$8,000

Apr 13, 2026

MLS® 73500776

Listing Provided By

Listing Agent: Hongyan Sun

Listing Office: Stonebridge Realty

MLS® Number: 73540971