Active Under Contract
18 Days on market
40 Edgelawn  Ave #3 North Andover — Photo 1 of 28

40 Edgelawn Ave #3 North Andover — Photo 1 of 28

$309,900

Investment Analysis — 40 Edgelawn Ave #3

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01845 carries an estimated $2,990/mo in gross rent — about a 5.84% cap rate and $18,085/yr in estimated NOI at the $309,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

850

Style

Condominium

Built

1968

Welcome to Heritage Green in North Andover! This bright and inviting 2-bedroom, 1-bath condominium offers comfortable living, a private setting, and an impressive selection of community amenities. This second level unit and it's well-designed layout features a spacious living room filled with natural light and a slider leading to a private balcony, an ideal spot for slow mornings, relaxing, or enjoying the beautifully maintained grounds.The eat-in kitchen provides a functional space for everyday living and entertaining, while two generously sized bedrooms offer plenty of room for comfortable living, guests, a home office, or additional flexibility. With the living space this home offers it is an efficient and easy-to-maintain layout. Those who live here, enjoy an exceptional amount of on site amenities, including an in-ground swimming pool, clubhouse, fitness center, tennis courts, basketball court, and playground. The community also offers ample parking and additional storage, with laundry facilities conveniently located within the building. The condo fee provides added convenience by covering heat, hot water, water, gas, master insurance, exterior maintenance, landscaping, snow removal, and refuse removal, allowing for a truly low-maintenance lifestyle. Perfectly situated near shopping, restaurants, major highways, and close to Merrimack College, this location combines convenience with a peaceful residential setting. With easy access to Routes 495 and 93 and nearby commuter options, getting where you need to go is simple. Whether you're looking for a comfortable place to call home or a smart investment opportunity, this Heritage Green condominium offers an excellent combination of location, amenities, convenience, and value. Come see why Heritage Green is such a desirable North Andover community!

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.

Property Details

Financials

Original Price$309,900
Annual Taxes$3,388
HOA Fee$483

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofOther
Foundation--
ZoningCONDO

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Pool • Park • Laundromat • Other

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl Second

18 x 15

Flooring - Laminate, Balcony / Deck, Exterior Access, Slider

Kitchen
Lvl Second

10 x 12

Flooring - Vinyl, Countertops - Stone/Granite/Solid, Cabinets - Upgraded

Master Bedroom
Lvl Second

15 x 11

Flooring - Laminate

Bedroom 2
Lvl Second

13 x 10

Bathroom 1
Lvl Second

8 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Property History

Listed
$309,900

Aug 25, 2026

MLS® 73568074

Sold
$1,200

Mar 8, 2011

MLS® 71172462

Listed
$1,200

Dec 21, 2010

MLS® 71172462

Listing Provided By

Listing Agent: Rey Garcia

Listing Office: Compass

MLS® Number: 73568074