$265,000
●
Condo -
Off Market
1 Colonial Dr #B13
Andover, MA 01810
1 Bed
1 Bath
688 Ft²
$1,995
Est. Monthly
$504
HOA / Fees
7.42%
Cap Rate
About This Property
**OPEN HOUSES CANCELLED** Sun-filled and inviting, this spacious 1
BR/1 BA condo offers the perfect blend of comfort, convenience in a
sought-after Andover location. Featuring a bright and airy
layout with a generous living room flowing seamlessly into the
dining area and kitchen. Enjoy the ease of assigned parking
(#113 directly in front of the building), ample guest parking,
on-site laundry, and additional private storage (Bin #3). The
community is rich with amenities including a swimming pool,
basketball court, tennis court, and fully fenced dog park.
Condo fee includes heat, hot water, gas, water, sewer, master
insurance, landscaping, snow removal, refuse removal, and more.
Perfectly situated off Route 28 with quick access to I-93 and Route
125, and just moments to shopping, dining, public transportation,
Harold Parker State Forest, and Merrimack College. Whether you're a
first-time buyer, downsizing, or seeking an investment opportunity,
this unit checks all the boxes
Unit Size
688 Ft²
Days on Market
-
Land Size
-
Price per sqft
$363
Property Type
Condo
Property Taxes
$264
HOA Dues
$504
Year Built
-
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Cap Rate Calculator
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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 #73504613)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Listed by Keller Williams Realty Evolution | $249,900 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Guest
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Carpet
Laundry Features: Common Area, In Building
Rooms: 3
Basement: N
Exterior Details
Has Property Attached
Square Footage: 688
Year Built Source: Public Records
Year Built: 1969
Building Name: Andover's Colonial Drive Condominium
Building Area Total: 688
Building Area Units: Square Feet
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $253,400
Tax Annual Amount: $3,165
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Trash, Heat
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry
HOA Fee: $504
HOA Fee Frequency: Monthly
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 New Home Collective Group
Boston Connect Real Estate
| |
|
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 Optimium Team
eXp Realty LLC - Corporate Office
| |
|
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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017