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Essex 01810
108 Colonial Dr
Photo of 108 Colonial Dr
Sold on Nov 30, 2010

1

Map

$681,000
● House - Off Market

108 Colonial Dr

Andover, MA 01810
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,634 Ft²
$1,406,166
RealtyHop Estimate
109.91%
Since Dec 1, 2010
MA-Boston
Primary Model

About This Property

Cul de sac neighborhood is home to this light and bright four bedroom colonial home!  Open floor plan on first floor.  Kitchen with new granite opens to sun room with cathedral ceiling & sky light & 15x12 deck with Sunsetter awning.  Hardwood floors in living room with fireplace and decorative dining room with tray ceilings.  One year old roof, brand new painted exterior, 3 year old furnace and 5 year old water heater.  Huge garage with workshop and tons of storage.  Large open yard!  A must see
Unit Size
2,634 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$254
Property Type
House
Property Taxes
$696
HOA Dues
-
Year Built
1988

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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: 2 years ago (MLSPIN #71126188)

Price History

Date / Event Date Event Price
Nov 30, 2010 Sold
Premium
Sold
Aug 20, 2010 Listed by ERA Home & Family Real Estate $669,900
Listed by ERA Home & Family Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,402
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,634
  • Gross Building Area: 5,448
  • Building Area: 2,634
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,634
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL HILL ANDOVER
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254302

Zoning

  • Zoning: SRC

Geography

  • Parcel: ANDO M:00085 B:00032 L:00000
  • Block: 32
  • Municipality: ANDOVER
  • Latitude: 42.6031
  • Longitude: -71.1158

    Address

  • Full Address: 108 Colonial Dr
  • Address - House Number: 108
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Andover
  • Carrier Code: C021
  • 4-Digit Zip Code: 7359
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,269,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,121,405
  • High Value: 1,312,744
  • Low Value: 930,067

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $929,400
  • Assessed Land Value: $406,000
  • Assessed Improvements Value: $523,400

    Sales

  • Current Sale Recording Date: Nov 30, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 32616
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

72.5 years

Currently For Sale

1487 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71126188

Frequently Asked Questions

When was property at 108 Colonial Drive built and last sold?
The property at 108 Colonial Drive was built in 1988 and last sold on Jan 1, 1970 for $681,000.
How much is this home worth?
The estimated value of the home located at 108 Colonial Drive is $0.
What are some comparable homes to 108 Colonial Drive?
There are currently no comparable homes to 108 Colonial Drive.
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