Zumper
modified
3 Days Ago

Highlights

  • Off-street parking
  • Designer finishes
  • Open-concept layout
  • Private in-unit washer and dryer
  • Energy-efficient home

Location

48-50 Water Street, North Andover, Massachusetts 01845, United States
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Contact

Management

LoPilato living LLC Property Management

Leasing office

(978) 983-4376

Property Overview

48-50 Water St presents a compelling opportunity for renters, highlighted by a Zumper expert rating of 7.5, underscoring its appeal. The property features exceptional amenities, including off-street parking, designer finishes, and energy-efficient elements, contributing to a perfect amenities rating of 10. With a location score of 9, residents enjoy easy access to prominent schools and nearby attractions, further enhancing the overall living experience.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.5
Very Good
48-50 Water st is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Elementary school nearby
  • High school nearby
  • Middle school nearby

Floor plans

2/12 bed1 bath1,100 sqft$3,200 /mo

Let's explore this property.

Amenities for 48-50 Water st

Apartment Amenities

Air ConditioningBalcony
Ceiling FanDryer
Hardwood FloorPrivate Balcony

Appliances

DishwasherIn-Unit Laundry
Refrigerator

Building

Onsite LaundrySmoke-free

Services

Recycling
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

One-time.

Contact Property

REQUIRED FEES

Admin Fee

One-time.

$25

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units4
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About 48-50 Water st

HomeApartments in North Andover 48-50 Water st

Step into refined living in this impeccably renovated top-floor 2-bedroom, 1-bath residence, ideally located in the heart of North Andover. This elegant, energy-efficient home is HERS rated, offering long-term savings without compromising on luxury. Featuring a spacious open-concept layout, designer finishes, and premium craftsmanship throughout, every detail has been thoughtfully curated. Enjoy the convenience of a private in-unit washer and dryer, off-street parking, and modern updates that seamlessly blend comfort and sophistication. Just minutes from North Andover's dining, shopping, and major commuter routes this is elevated living at its best.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.5
/10
Very Good
48-50 Water st is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 48-50 Water st
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
48-50 Water st is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
48-50 Water st stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
48-50 Water st is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 48-50 Water st does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
48-50 Water st provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 48-50 Water st compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 1 mile away
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away
Outdoor space
Easy access to the outdoors

Considerations

Fewer storage options
Limited cabinet or closet space
Lacks images
Fewer than 10 photos available for this location

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Rent trends in North Andover

2-bedroom apartments at 48-50 Water st cost about 6% more than the average rent price for 2-bedroom apartments in North Andover.

Median rents as of Dec 13 2025.
North Andover
A table of studio rental data trends in North Andover
MonthMedian Rent
December 2023$1,990
January 2024$2,000
February 2024$2,070
March 2024$2,182
April 2024$2,166
May 2024$2,296
June 2024$2,174
July 2024$2,105
August 2024$2,250
September 2024$2,261
October 2024$2,190
July 2025$2,274
August 2025$2,147
September 2025$2,146
October 2025$2,109
November 2025$2,171
December 2025$2,222

Affordability calculator

Can I afford to live at 48-50 Water Street?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$128,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $128,000 annually to afford this 2-bedrooms monthly rent price of $3,200.
For more information on rent affordability, visit our rent calculator.

Schools near 48-50 Water st

Atkinson Elementary School

111 phillips brooks rd

north andover, MA, 1845

1-5Public
B+
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Internet available near 48-50 Water st

Getting around North Andover near 48-50 Water Street

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 48-50 Water Street, North Andover

Groceries

3/10
At least one supermarket within a 30-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

6/10
At least one high school within a 15-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

Explore the area around 48-50 Water Street

Market Basket
350 Winthrop Ave
Empanadas Oleaga
144 S Union St
L Lawrence Store
107 S Union St
Saigon Market
298 S Union St
V & V Market Inc
273 S Union St

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