$225,000
●
Condo -
Off Market
1 Colonial Drive #8
Andover, MA 01810
2 Beds
1 Bath
830 Ft²
$337,901
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model
About This Property
Welcome to the highly coveted Colonial Drive Condominiums! Enjoy
the treasures of this corner unit with northern and western
exposures that overlook the beautifully manicured courtyard. This
newly renovated home boasts an open floor plan with oversized
windows that allow the light to pour into the living room. Colonial
Drive Condominium Complex includes a swimming pool, and a
basketball court. The location is is a commuters dream being near
Rt. 93 and Rt. 495!
Unit Size
830 Ft²
Days on Market
-
Land Size
-
Price per sqft
$276
Property Type
Condo
Property Taxes
$194
HOA Dues
$448
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 months ago (MLSPIN #72439408)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 11, 2019 | Sold | ||
| Sold | |||
| Jan 10, 2019 | Listed by Coldwell Banker Realty - Andover | $229,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
| | |||
|
Welcome to the highly coveted Colonial Drive Condominiums! Enjoy the treasures of this corner unit with northern and western exposures that overlook the beautifully manicured courtyard. This newly renovated home boasts an open floor plan with oversized windows that allow the light to pour into the living room. Colonial Drive Condominium Complex includes a swimming pool, and a basketball court. The location is is a commuters dream being near Rt. 93 and Rt. 495!
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Engineered Hardwood
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 830
Year Built Source: Public Records
Year Built: 1969
Building Name: Colonial Drive Drive Condominiums
Building Area Total: 830
Building Area Units: Square Feet
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Private
Financial Details
Tax Assessed Value: $9,999
Tax Annual Amount: $2,331
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Other
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry
HOA Fee: $448
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/10/2026
|
1 Bed
|
1 Bath
|
688 ft²
|
$249,000
1 Bed
1 Bath
688 ft²
|
$244,000
-2.01%
07/30/2026
|
Windward & Main Realty Group
William Raveis R.E. & Home Services
| |
|
04/21/2026
|
1 Bed
|
1 Bath
|
688 ft²
|
$249,900
1 Bed
1 Bath
688 ft²
|
$265,000
+6.04%
06/08/2026
|
Tanya Doherty
Keller Williams Realty Evolution
| |
|
11/21/2025
|
1 Bed
|
1 Bath
|
719 ft²
|
$279,900
1 Bed
1 Bath
719 ft²
|
$278,000
-0.68%
01/20/2026
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
10/21/2025
|
2 Bed
|
1 Bath
|
866 ft²
|
$339,900
2 Bed
1 Bath
866 ft²
|
$331,000
-2.62%
02/13/2026
|
Salvatore Micieli
Cameron Real Estate Group
| |
|
01/16/2025
|
1 Bed
|
1 Bath
|
688 ft²
|
$244,900
1 Bed
1 Bath
688 ft²
|
-
-
|
Windward & Main Realty Group
William Raveis R.E. & Home Services
| |
|
04/03/2024
|
1 Bed
|
1 Bath
|
688 ft²
|
$245,000
1 Bed
1 Bath
688 ft²
|
$240,000
-2.04%
06/04/2024
|
Shawn McEntee
Classified Realty Group
| |
|
02/13/2024
|
1 Bed
|
1 Bath
|
688 ft²
|
$279,900
1 Bed
1 Bath
688 ft²
|
$279,900
03/27/2024
|
Nikolas Amicone
Amicone & Associates
| |
|
08/13/2020
|
Studio
|
1 Bath
|
480 ft²
|
$139,000
Studio
1 Bath
480 ft²
|
$149,000
+7.19%
09/25/2020
|
Matthew Quinlan
Classified Realty Group
| |
|
09/12/2019
|
2 Bed
|
1 Bath
|
966 ft²
|
$224,900
2 Bed
1 Bath
966 ft²
|
$219,500
-2.40%
11/05/2019
|
McDonough & Wang Group
William Raveis R.E. & Home Services
| |
|
01/14/2019
| |
2 Bed
|
1 Bath
|
830 ft²
|
$229,000
2 Bed
1 Bath
830 ft²
|
-
-
|
Danny Wang
Engel & Volkers Boston
|
|
01/10/2019
|
2 Bed
|
1 Bath
|
830 ft²
|
$229,000
2 Bed
1 Bath
830 ft²
|
$225,000
-1.75%
02/11/2019
|
Daniel Wang
Engel & Volkers Boston
| |
|
02/16/2018
|
2 Bed
|
1 Bath
|
966 ft²
|
$204,900
2 Bed
1 Bath
966 ft²
|
$210,000
+2.49%
04/05/2018
|
Karen Dame
Century 21 North East
| |
|
08/09/2017
|
2 Bed
|
1 Bath
|
966 ft²
|
$199,900
2 Bed
1 Bath
966 ft²
|
$199,000
-0.45%
09/22/2017
|
Karen Dame
Century 21 North East
| |
|
08/15/2016
|
1 Bed
|
1 Bath
|
719 ft²
|
$149,900
1 Bed
1 Bath
719 ft²
|
$135,000
-9.94%
10/17/2016
|
Pamela Dennis
Spangler SELECT Real Estate Solutions
| |
|
09/26/2013
|
1 Bed
|
1 Bath
|
688 ft²
|
$129,900
1 Bed
1 Bath
688 ft²
|
$120,000
-7.62%
12/12/2013
|
The Rental Team
Hayden Rowe Properties
| |
|
05/26/2010
|
1 Bed
|
1 Bath
|
719 ft²
|
$110,000
1 Bed
1 Bath
719 ft²
|
$107,500
-2.27%
09/03/2010
|
Linda Carrion
Tache Real Estate, Inc.
| |
|
05/07/2009
|
1 Bed
|
1 Bath
|
866 ft²
|
$125,000
1 Bed
1 Bath
866 ft²
|
$122,000
-2.40%
06/30/2009
|
Sue Yuan
Keller Williams Realty
| |
|
02/01/2008
|
1 Bed
|
1 Bath
|
688 ft²
|
$139,000
1 Bed
1 Bath
688 ft²
|
$133,100
-4.24%
06/27/2008
|
Marie Grace
Century 21 Combe R. E. Corp.
| |
|
02/01/2007
|
2 Bed
|
1 Bath
|
966 ft²
|
$204,900
2 Bed
1 Bath
966 ft²
|
$195,000
-4.83%
04/24/2007
|
Mary Reynolds
Dewolfe-Andover
| |
|
01/16/2006
|
Studio
|
1 Bath
|
480 ft²
|
$105,000
Studio
1 Bath
480 ft²
|
$100,000
-4.76%
04/28/2006
|
Ronald Ponte
Ponte Realty
| |
|
05/03/2005
|
1 Bed
|
1 Bath
|
688 ft²
|
$162,900
1 Bed
1 Bath
688 ft²
|
$162,900
07/27/2005
|
Judith Kramer
Colonial Manor Realty
| |
|
04/01/2004
|
2 Bed
|
1 Bath
|
966 ft²
|
$199,900
2 Bed
1 Bath
966 ft²
|
$197,000
-1.45%
06/30/2004
|
Johanna Webster
Coldwell Banker Realty - Andover
| |
|
03/31/2003
|
2 Bed
|
1 Bath
|
966 ft²
|
$199,900
2 Bed
1 Bath
966 ft²
|
$195,000
-2.45%
06/02/2003
|
Lisa Pijoan
RE/MAX Encore
| |
|
09/04/2002
|
2 Bed
|
1 Bath
|
792 ft²
|
$139,900
2 Bed
1 Bath
792 ft²
|
$140,000
+0.07%
10/30/2002
|
Mary Dearborn
Colonial Manor Realty
| |
|
05/18/2000
|
1 Bed
|
1 Bath
|
688 ft²
|
$72,500
1 Bed
1 Bath
688 ft²
|
$71,250
-1.72%
07/17/2000
|
Rick Nazzaro
Colonial Manor Realty
| |
|
03/28/2000
|
2 Bed
|
1 Bath
|
792 ft²
|
$109,900
2 Bed
1 Bath
792 ft²
|
$105,000
-4.46%
07/10/2000
|
Nancy Fudge
Fudge Properties
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017