$93,500
●
Condo -
Off Market
10A Colonial Drive #5
Andover, MA 01810
1 Bed
1 Bath
480 Ft²
$173,221
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model
About This Property
This spacious Studio Condo is superbly located at the "top of the
hill" in the much sought after Colonial Drive Condominium complex.
Nicely refreshed, this top floor unit offers new berber carpet, new
paint, new white cabinets, new full-size gas stove, new
refrigerator and new tiled bath (except tub). With lovely rear
views...at this price and condition...it makes sense to buy instead of
renting! Best value at Colonial Drive Condos.
Unit Size
480 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
Condo
Property Taxes
$96
HOA Dues
$194
Year Built
-
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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: 5 years ago (MLSPIN #70526647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2010 | Sold | ||
| Sold | |||
| Sep 4, 2009 | Listed by RE/MAX Partners | $99,900 | |
| Listed by RE/MAX Partners | |||
| | |||
|
This spacious Studio Condo is superbly located at the "top of the hill" in the much-sought-after Colonial Drive Condominium complex. Nicely refreshed, this top floor unit offers new carpet, new paint, new white cabinets, new full-size gas stove, new refrigerator, new tiled bath (except tub), new closet doors and new storm door. With lovely rear views…at this price and condition…it makes sense to buy instead of renting! Best value at Colonial Drive Condos.
| |||
| Apr 11, 2007 | Sold | ||
| Sold | |||
| Feb 15, 2007 | Listed by Colonial Manor Realty | $92,500 | |
| Listed by Colonial Manor Realty | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Third
Width: 9
Length: 10
Features: Dining Area
Area: 90
Features: Bathroom - Full
Level: Third
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Third
Length: 13
Width: 19
Area: 247
Features: No
Full Bathrooms: 1
Appliances: Range, Refrigerator, Gas Water Heater
Rooms: 2
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Colonial Drive Condominiums
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: Condo
Parcel Number: 1840947
Water Source: Other
Financial Details
Tax Assessed Value: $102,200
Tax Annual Amount: $1,150
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Other, Other (See Remarks)
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Tennis Court(s), Storage
HOA Fee: $194
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site
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 |
|---|---|---|---|---|---|---|---|
|
08/24/2020
|
Studio
|
1 Bath
|
470 ft²
|
$145,000
Studio
1 Bath
470 ft²
|
$148,000
+2.07%
10/19/2020
|
Lisa Pijoan
RE/MAX Encore
| |
|
01/31/2010
|
1 Bed
|
1 Bath
|
480 ft²
|
$99,900
1 Bed
1 Bath
480 ft²
|
$94,500
-5.41%
05/06/2010
|
Aldo Vittozzi
Classified Realty Group
| |
|
09/04/2009
|
1 Bed
|
1 Bath
|
480 ft²
|
$99,900
1 Bed
1 Bath
480 ft²
|
$96,000
-3.90%
02/25/2010
|
Rick Nazzaro
Colonial Manor Realty
| |
|
02/15/2007
|
1 Bed
|
1 Bath
|
480 ft²
|
$92,500
1 Bed
1 Bath
480 ft²
|
$93,500
+1.08%
04/11/2007
|
Rick Nazzaro
Colonial Manor Realty
| |
|
10/19/2005
|
Studio
|
1 Bath
|
480 ft²
|
$95,000
Studio
1 Bath
480 ft²
|
$95,100
+0.11%
11/22/2005
|
Karen Alderman
EXIT Realty Beatrice Associates
| |
|
03/07/2005
|
1 Bed
|
1 Bath
|
470 ft²
|
$129,000
1 Bed
1 Bath
470 ft²
|
$125,000
-3.10%
03/31/2005
|
Sherri Greer
Fitzgerald & Associates
| |
|
08/19/2003
|
Studio
|
1 Bath
|
480 ft²
|
$89,900
Studio
1 Bath
480 ft²
|
$89,900
09/26/2003
|
Rick Nazzaro
Colonial Manor Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017