Andover, MA
2 Beds
2 Baths
Available: 11/01/2024
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$3,500/mo

Amenities & Apartment Information

Building

Fitness Center

Unit

In-Unit Laundry
Granite Countertops

Property Description

62+ Community- Andover RENTAL -Wonderful rental opportunity! 2 bedroom 2 full bath condo unit at Riverside Woods Condominium located on the first floor in desirable building and backs up to conservation trails. Inside you'll find a sun filled, open concept floor plan that is fabulous when entertaining. The oversize kitchen with granite counters and upscale appliances flows into the formal dining room, and the spacious living room with lots of natural lighting throughout. The primary suite and guest bedroom are nicely sized and offer ample closet space. Additional features include 1 car garage parking and 1 deeded off street parking. Community ammenities includes club house with fitness center, multipurpose room, outside grilling stations, outside gathering area, and walking trails! Fabulous rental opportunity in Andover for 62 + Community! Available November 1, 2024.

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Price Comparison

This apartment is above the average price of $2,652 for 2 bedroom apartments in Andover. An above average rent can often be attributed to the amenities an apartment provides, as well as its condition, size, and location. Those are important factors to consider as you are searching for the perfect apartment. Contact us about this great unit before it's gone!

Average Rent Prices for 2 Bedroom Apartments in Andover

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$140,000 - $168,000
You + 1 Roommate, Each:
$70,000 - $84,000
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$4,900

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Mid Range

25% of Gross Income

$3,500

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Low Range

15% of Gross Income

$2,100

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Have You Considered Buying Your Own Home?

Instead of paying $3,500/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.

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