
75 Cotuit St #1 North Andover — Photo 1 of 16
$475,000
Investment Analysis — 75 Cotuit St #1
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 4.67% cap rate and $22,192/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,328
Style
Condominium
Built
1983
Amazing opportunity to build sweat equity in this 2 bedroom 1.5 bath townhouse with attached 1 car garage! This home has great bones and awaiting your ideas! Imagine the possibilities in the oversized eat in kitchen with wood cabinets and direct access to back deck overlooking the expansive backyard. The large living room boasts a cozy brick fireplace feature wall, adding lots of character, and a tall bay window that lets light flood the space. A half bath with convenient first floor laundry and direct access to the garage complete the main level. Upstairs, you’ll find an ample sized main bathroom with double sinks, and 2 generously sized bedrooms. The main bedroom has 2 closets! In the lower level, the unfinished basement offers future expansion possibilities. Storage loft above the garage.Young roof and new air handler (2025) servicing the 2nd floor. 2nd air handler and boiler are older. Home is in need of cosmetic and system updates. Don’t miss this chance to build solid equity- a nearby unit just sold for $621k! And the best part- No condo fees! Each unit pays insurance. Subject to license to sell. Sellers have never lived in the home.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 13
Flooring - Vinyl, Window(s) - Bay/Bow/Box
Kitchen
Lvl First14 x 13
Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Master Bedroom
Lvl Second16 x 14
Ceiling Fan(s), Closet, Flooring - Vinyl
Bedroom 2
Lvl Second13 x 11
Bathroom 1
Lvl FirstBathroom - Full, Closet - Linen, Flooring - Vinyl, Washer Hookup
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen
Property History
$475,000
Sep 9, 2026
MLS® 73574316
$475,000
Aug 24, 2026
MLS® 73560517
$475,000
Aug 6, 2026
MLS® 73560517
Listing Agent: Susan P. Kadilak
Listing Office: Fiv Realty Co.
MLS® Number: 73574316