Andover, MA
3 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.
$3,650/mo

Property Description

** PRICE REDUCTION**Live Large and Love Andover at 7 Temple Place Unit #7, This end-unit duplex townhouse offers not just a convenient location, but the best of charming Andover living. Open floor plan with a cozy eat-in kitchen - perfect for entertaining! Private deck for outdoor relaxation - enjoy fresh air and morning coffee. Three bedrooms on the second floor - plenty of space for everyone. Finished basement - ideal for a family room, home office, or gym! Half bath on the first floor for added convenience. Laundry in-unit - no more trips to the laundromat. Two off-street parking spots - a rare find in Andover! Walkable to shops, restaurants, and the vibrant downtown scene. Easy access to the Andover commuter rail - perfect for city life with a small-town feel. Close proximity to major highways - convenient for exploring the region. BROKERS, PLEASE NEED 3 DAY MOTICE TO SHOW/ ONLY AVAILABLE TO SHOW ON SATURDAY AND SUNDAY.

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Price Comparison

This apartment is above the average price of $3,417 for 3 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. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 3 Bedroom Apartments in Andover

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$146,000 - $175,200
You + 2 Roommates, Each:
$48,667 - $58,400
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

$5,110

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Mid Range

25% of Gross Income

$3,650

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Low Range

15% of Gross Income

$2,190

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Have You Considered Buying Your Own Home?

Instead of paying $3,650/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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