$1,575,000
●
House -
Off Market
56 Central Street
Andover, MA 01810
5 Beds
4 Baths,
1
Half Bath
5,027 Ft²
$2,313,023
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model
About This Property
RETURNING TO THE MARKET WITH A SUBTANTIAL PRICE REDUCTION - An
important piece of the history of the town of Andover, this entire
house and grounds underwent a massive renovation and restoration
during the period 2004 – 2018. Using architects, contractors and
structural engineers expert in historic renovation, this project
was undertaken by only the fourth family ever to own the property.
The objective of the restoration was to maintain and enhance the
historical integrity of the structures while seamlessly integrating
the latest in modern conveniences and technology. In addition to
the highest quality and detail of the renovation, the property has
an in-town location, an unusually large 2.3 acre land parcel,
unique detailing and high ceilings, and a charming and graceful
interior. The house has 5 BR's and 4.5 BA, 8 fireplaces, a restored
carriage house with radiant heating, a 32' high Dutch barn and a
restored 1660 Granary barn used as a 2 – car garage.
Unit Size
5,027 Ft²
Days on Market
-
Land Size
2.32 acres
Price per sqft
$333
Property Type
House
Property Taxes
$1,548
HOA Dues
-
Year Built
1796
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (MLSPIN #72558743)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2026 | Sold | ||
| Sold | |||
| Apr 27, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 24, 2026 | Listed by Coldwell Banker Realty - Andovers/Readings Regional | $2,750,000 | |
| Listed by Coldwell Banker Realty - Andovers/Readings Regional | |||
   | |||
|
Welcome to 56 Central Street. Standing prominently in the heart of Andover on one of the Globe’s “Best Streets in Greater Boston,” the George Abbott House is a stunning RENOVATED 1796 Georgian-style estate on 2.32 private acres. In addition to the residence, this property features a restored circa1660 Granary, now a two-car garage, and a restored circa1850 Dutch barn. Boasting 5 bedrooms and 5.5 baths, this gracious 5000+ sf home blends modern luxury with historic charm. Perfect for entertaining, the newly renovated and expanded chef’s kitchen, butler's pantry, bar, 3/4 bath, mudroom and patio (2023) integrate seamlessly with the original floor plan which was meticulously restored/updated in 2004 & 2017 to historic specifications. Period details include 8 fireplaces, soaring ceilings, Victorian millwork, wrap around screen/sun porch, original wide plank flooring, “Indian” shutters, and countless others. Minutes to Phillips Academy and downtown Andover.
| |||
| Jan 3, 2026 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
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