$148,000
●
Condo -
Off Market
2D Colonial Drive #5
Andover, MA 01810
Studio
1 Bath
480 Ft²
$171,058
RealtyHop Estimate
17.97%
Since May 1, 2021
MA-Boston
Primary Model
About This Property
Move in Ready! Adorable, Affordable, and Efficient Studio Unit
located at Colonial Drive Condominiums in Andover. Conveniently
located on the North Reading / Andover line with very easy access
to Route 93, you will be very close by to the Harold Parker State
Forest with endless miles of trails. Shopping and Restaurants are
all close by on Route 28. Right out side your kitchen door check
out the covered balcony facing the pool, How nice is this! This
studio unit is light, bright, clean, and cheery. Most all monthly
expenses are covered in the monthly condo fee.
Unit Size
480 Ft²
Days on Market
-
Land Size
-
Price per sqft
$302
Property Type
Condo
Property Taxes
$148
HOA Dues
$283
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: 5 years ago (MLSPIN #72792787)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2021 | Sold | ||
| Sold | |||
| Mar 3, 2021 | Listed by Advisors Living - Andover | $145,000 | |
| Listed by Advisors Living - Andover | |||
| May 31, 2012 | Sold | ||
| Sold | |||
| Mar 1, 2012 | Listed by William Raveis R.E. & Home Services | $124,500 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Well maintained and conveniently located this sunny 2 bedroom condo is just waiting for your finishing touches. Living room with large picture window, wall to wall neutral carpet, good sized bedrooms. Grounds are professionally landscaped with courtyard, pool,tennis court, basketball court and bike storage shed. Additional storage bin in basement(#10). Management company is onsite Mon.-Friday with 24 hour answering service. 2 Assigned Parking spaces #23 and #85. Get ready to move in!
| |||
| Jun 6, 2011 | Listed by Prudential Howe & Doherty | $137,900 | |
| Listed by Prudential Howe & Doherty | |||
 | |||
|
Well maintained and conviently located this sunny 2 bedroom condo is just waiting for your finishing touches. Livingroom with large picture window, wall to wall neutral carpet, good sized bedrooms. Grounds are professionally landscaped with courtyard, pool,tennis court, basketball court and bike storage shed. Additional storage bin in basement(#10). Management company is onsite Mon.-Friday. with 24 hour answering service. 2 Assigned Parking spaces #23 and #85. Get ready to move in!
| |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Third
Width: 910
Length: 114
Features: Ceiling Fan(s), Flooring - Vinyl, Balcony / Deck, Balcony - Exterior
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Level: Third
Length: 1810
Level: Third
Features: Walk-In Closet(s), Flooring - Hardwood, Window(s) - Picture, Cable Hookup
Width: 132
Full Bathrooms: 1
Appliances: Range, Refrigerator
Flooring Type: Vinyl, Hardwood
Laundry Features: Common Area, In Building
Rooms: 2
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Paved
Exterior Details
Entry Level: 3
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Colonial Drive Condominium
Structure Type: Garden
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Brick, Conventional (2x4-2x6)
Patio and Porch Features: Covered
Lead Paint: None, Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: APT
Parcel Number: 1840871
Water Source: Public
Financial Details
Tax Assessed Value: $116,000
Tax Annual Amount: $1,774
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard
Sewer : Other
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Tennis Court(s), Storage
Association Fee Frequency: Monthly
HOA Fee: $283
Community Features: Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Highway Access
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 |
|---|---|---|---|---|---|---|---|
|
04/24/2025
|
1 Bed
|
1 Bath
|
480 ft²
|
$199,900
1 Bed
1 Bath
480 ft²
|
$210,500
+5.30%
05/29/2025
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
04/10/2025
|
Studio
|
1 Bath
|
480 ft²
|
$199,000
Studio
1 Bath
480 ft²
|
$210,500
+5.78%
05/09/2025
|
Paige Cadogan
Gibson Sotheby's International Realty
| |
|
06/22/2023
|
Studio
|
1 Bath
|
480 ft²
|
$179,000
Studio
1 Bath
480 ft²
|
$190,000
+6.15%
07/25/2023
|
Sheri O'Connor
Plunkett Properties
| |
|
05/30/2022
|
2 Bed
|
1 Bath
|
830 ft²
|
$259,900
2 Bed
1 Bath
830 ft²
|
$305,000
+17.35%
07/14/2022
|
Sima Rotenberg
RE/MAX 360
| |
|
06/28/2021
|
1 Bed
|
1 Bath
|
719 ft²
|
$239,900
1 Bed
1 Bath
719 ft²
|
$230,000
-4.13%
09/07/2021
|
John McCourt
William Raveis R. E. & Home Services
| |
|
03/03/2021
|
Studio
|
1 Bath
|
480 ft²
|
$145,000
Studio
1 Bath
480 ft²
|
$148,000
+2.07%
04/15/2021
|
Paige Cadogan
Gibson Sotheby's International Realty
| |
|
09/19/2019
|
Studio
|
1 Bath
|
480 ft²
|
$128,000
Studio
1 Bath
480 ft²
|
$129,000
+0.78%
10/25/2019
|
Lucia Fosco
W. Henry Estates LLC
| |
|
06/05/2019
|
2 Bed
|
1 Bath
|
830 ft²
|
$224,900
2 Bed
1 Bath
830 ft²
|
$235,000
+4.49%
07/15/2019
|
Lisa Dooley
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
10/04/2018
|
2 Bed
|
1 Bath
|
830 ft²
|
$199,000
2 Bed
1 Bath
830 ft²
|
$210,000
+5.53%
10/31/2018
|
Trifecta Sale Team
Suffolk Real Estate, LLC
| |
|
07/01/2018
|
2 Bed
|
1 Bath
|
792 ft²
|
$190,000
2 Bed
1 Bath
792 ft²
|
$210,000
+10.53%
08/03/2018
|
Marilyn Ellis
Leading Edge Real Estate
| |
|
01/17/2018
|
2 Bed
|
1 Bath
|
830 ft²
|
$169,900
2 Bed
1 Bath
830 ft²
|
$201,000
+18.30%
02/28/2018
|
The Rental Team
Hayden Rowe Properties
| |
|
06/22/2017
|
1 Bed
|
1 Bath
|
719 ft²
|
$168,500
1 Bed
1 Bath
719 ft²
|
$160,000
-5.04%
08/31/2017
|
Team Cotraro - Mike & Mary
RE/MAX Advantage Real Estate
| |
|
06/13/2016
|
Studio
|
1 Bath
|
480 ft²
|
$104,900
Studio
1 Bath
480 ft²
|
$103,300
-1.53%
08/11/2016
|
Gerald Contrada
Coldwell Banker Residential Brokerage - Haverhill
| |
|
01/23/2016
|
Studio
|
1 Bath
|
480 ft²
|
$99,999
Studio
1 Bath
480 ft²
|
$99,999
03/01/2016
|
Michael Rumsey
Keller Williams Realty
| |
|
03/25/2015
|
2 Bed
|
1 Bath
|
830 ft²
|
$169,900
2 Bed
1 Bath
830 ft²
|
$165,000
-2.88%
04/30/2015
|
Rodrigo Serrano
Leading Edge Real Estate
| |
|
08/02/2014
|
1 Bed
|
1 Bath
|
470 ft²
|
$103,900
1 Bed
1 Bath
470 ft²
|
$93,000
-10.49%
03/05/2015
|
Kennia Mejia
Century 21 North East
| |
|
08/02/2014
|
1 Bed
|
1 Bath
|
470 ft²
|
$103,900
1 Bed
1 Bath
470 ft²
|
$93,000
-10.49%
03/05/2015
|
Janine Sawyer Standley
KSRJ - Signature Realty Group
| |
|
02/19/2014
|
1 Bed
|
1 Bath
|
719 ft²
|
$139,900
1 Bed
1 Bath
719 ft²
|
$139,000
-0.64%
03/26/2014
|
Eileen Maxcy
Coldwell Banker Realty - Andover
| |
|
12/04/2013
|
2 Bed
|
1 Bath
|
830 ft²
|
$159,900
2 Bed
1 Bath
830 ft²
|
$155,000
-3.06%
01/31/2014
|
Robert Corwin
Century 21 North East
| |
|
07/20/2013
|
2 Bed
|
1 Bath
|
792 ft²
|
$90,000
2 Bed
1 Bath
792 ft²
|
$117,499
+30.55%
11/29/2013
|
Janet Boccelli
Vylla Home
| |
|
06/01/2012
|
2 Bed
|
1 Bath
|
966 ft²
|
$137,500
2 Bed
1 Bath
966 ft²
|
$130,000
-5.45%
07/25/2012
|
Thomas Anderson
Anderson Treacy Real Estate
| |
|
03/01/2012
|
2 Bed
|
1 Bath
|
830 ft²
|
$124,500
2 Bed
1 Bath
830 ft²
|
$125,200
+0.56%
05/31/2012
|
Norma King
Prudential Howe & Doherty
| |
|
06/06/2011
|
2 Bed
|
1 Bath
|
830 ft²
|
$137,900
2 Bed
1 Bath
830 ft²
|
-
-
|
Norma King
Prudential Howe & Doherty
| |
|
12/08/2009
|
2 Bed
|
1 Bath
|
792 ft²
|
$131,500
2 Bed
1 Bath
792 ft²
|
$128,000
-2.66%
03/29/2010
|
Ron Morrison
MA Real Estate Center
| |
|
05/01/2009
|
1 Bed
|
1 Bath
|
470 ft²
|
$69,900
1 Bed
1 Bath
470 ft²
|
$69,900
06/26/2009
|
Kenny Olson
New England Group Services Inc.
| |
|
01/23/2009
|
2 Bed
|
1 Bath
|
830 ft²
|
$164,900
2 Bed
1 Bath
830 ft²
|
$160,000
-2.97%
04/17/2009
|
Thomas Carroll
Conway - Hanover
| |
|
01/19/2008
|
2 Bed
|
1 Bath
|
830 ft²
|
$179,000
2 Bed
1 Bath
830 ft²
|
$179,900
+0.50%
02/29/2008
|
Jaclyn Painchaud
7 Hills Real Estate
| |
|
12/28/2006
|
1 Bed
|
1 Bath
|
832 ft²
|
$139,900
1 Bed
1 Bath
832 ft²
|
$130,000
-7.08%
02/28/2007
|
Mary Reynolds
Dewolfe-Andover
| |
|
04/21/2006
|
Studio
|
1 Bath
|
480 ft²
|
$125,000
Studio
1 Bath
480 ft²
|
$117,000
-6.40%
06/28/2006
|
Mary Reynolds
Dewolfe-Andover
| |
|
06/20/2005
|
2 Bed
|
1 Bath
|
792 ft²
|
$189,900
2 Bed
1 Bath
792 ft²
|
$195,000
+2.69%
07/29/2005
|
Rick Nazzaro
Colonial Manor Realty
| |
|
07/11/2004
|
1 Bed
|
1 Bath
|
719 ft²
|
$174,900
1 Bed
1 Bath
719 ft²
|
$170,000
-2.80%
10/14/2004
|
Daniel Fabbri
Century 21 Advance Realty
| |
|
06/10/2004
|
1 Bed
|
1 Bath
|
832 ft²
|
$164,900
1 Bed
1 Bath
832 ft²
|
$160,900
-2.43%
07/14/2004
|
Donald Truitt
Century 21 Spindler & O'Neil Associates
| |
|
04/15/2003
|
1 Bed
|
1 Bath
|
660 ft²
|
$129,900
1 Bed
1 Bath
660 ft²
|
$125,000
-3.77%
09/22/2003
|
Rick Nazzaro
Colonial Manor Realty
| |
|
11/20/2002
|
2 Bed
|
1 Bath
|
792 ft²
|
$164,900
2 Bed
1 Bath
792 ft²
|
$159,000
-3.58%
06/20/2003
|
Nancy Fudge
Fudge Properties
| |
|
06/05/2002
|
1 Bed
|
1 Bath
|
866 ft²
|
$154,900
1 Bed
1 Bath
866 ft²
|
$151,900
-1.94%
08/30/2002
|
Sally Carreiro
Coldwell Banker Residential Brokerage - Somerville
| |
|
02/08/2002
|
1 Bed
|
1 Bath
|
719 ft²
|
$109,900
1 Bed
1 Bath
719 ft²
|
$114,000
+3.73%
04/12/2002
|
Rick Nazzaro
Colonial Manor Realty
| |
|
07/13/2001
|
2 Bed
|
1 Bath
|
792 ft²
|
$134,900
2 Bed
1 Bath
792 ft²
|
$134,900
10/09/2001
|
Bobbie Botticelli
Colonial Manor Realty
| |
|
07/13/1999
|
2 Bed
|
1 Bath
|
792 ft²
|
$99,900
2 Bed
1 Bath
792 ft²
|
$100,000
+0.10%
10/08/1999
|
Bobbie Botticelli
Colonial Manor Realty
| |
|
03/02/1999
|
1 Bed
|
1 Bath
|
832 ft²
|
$73,900
1 Bed
1 Bath
832 ft²
|
$70,000
-5.28%
06/30/1999
|
Mary Reynolds
Dewolfe-Andover
| |
|
11/22/1997
|
Studio
|
1 Bath
|
480 ft²
|
$39,900
Studio
1 Bath
480 ft²
|
$38,000
-4.76%
12/31/1997
|
Beth Poulo
Beth Poulo
| |
|
02/28/1996
| |
2 Bed
|
1 Bath
|
792 ft²
|
$68,900
2 Bed
1 Bath
792 ft²
|
$68,000
-1.31%
04/23/1996
|
M. Joan Medeiros
Coldwell Banker Realty - Andover
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017