The property at 3 Cormiers Way, Andover, MA, is a sizable single-family home with over 8,200 sqft. Given the recent valuation estimates ranging from around $2M to $2.5M, it holds a decent potential for a flip. However, the neighborhood's median sold prices and average price per square foot indicate a more competitive market, which could impact your ROI if significant renovations are needed.

Considering its current state and the neighborhood's dynamics, focus on minor cosmetic updates rather than major renovations. Upgrading the kitchen and bathrooms could enhance the property's appeal without overspending. Additionally, staging the home effectively could attract more buyers. Given the competitive market, pricing it slightly below market value might also expedite a sale.