$129,000
●
Condo -
Off Market
D 3 Colonial Drive #6
Andover, MA 01810
Studio
1 Bath
480 Ft²
$177,475
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model
About This Property
Affordable studio style condo overlooking the pool in the popular
Andover complex. This third floor unit needs a little TLC. This is
an unusual opportunity to enter the Andover market at an economical
price. Easy commuting location to Route 125 and Route 93. Lot of
light in the living space with double width window and back door to
balcony and pool. One parking space near the front door of the
building. Life estate involved in the sale. Condo Fee includes heat
and hot water.
Unit Size
480 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
Condo
Property Taxes
$123
HOA Dues
$271
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 months ago (MLSPIN #72372573)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2018 | Sold | ||
| Sold | |||
| Aug 2, 2018 | Listed by RE/MAX On The Common | $119,900 | |
| Listed by RE/MAX On The Common | |||
| | |||
|
Affordable studio style condo overlooking the pool in the popular Andover complex. This third floor unit needs a little TLC. This is an unusual opportunity to enter the Andover market at an economical price. Easy commuting location to Route 125 and Route 93. Lot of light in the living space with double width window and back door to balcony and pool. One parking space near the front door of the building. Life estate involved in the sale. Condo Fee includes heat and hot water.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Vinyl, Carpet
Rooms: 2
Basement: N
Exterior Details
Has Property Attached
Square Footage: 480
Year Built Source: Public Records
Year Built: 1969
Building Name: Colonial Manor
Building Area Total: 480
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Tax Lot: B036D
Water Source: Public
Financial Details
Tax Map Number: 85
Tax Assessed Value: $94,000
Tax Annual Amount: $1,471
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Central, Baseboard, Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Pool
HOA Fee: $271
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 |
|---|---|---|---|---|---|---|---|
|
01/31/2024
|
1 Bed
|
1 Bath
|
719 ft²
|
$279,900
1 Bed
1 Bath
719 ft²
|
$280,000
+0.04%
03/19/2024
|
Alex Guarino
Lyv Realty
| |
|
01/31/2024
|
1 Bed
|
1 Bath
|
719 ft²
|
$284,900
1 Bed
1 Bath
719 ft²
|
$280,000
-1.72%
03/19/2024
|
Alex Guarino
Lyv Realty
| |
|
03/23/2023
|
2 Bed
|
1 Bath
|
792 ft²
|
$275,000
2 Bed
1 Bath
792 ft²
|
$299,000
+8.73%
05/19/2023
|
Virginia Giuliotti
Classified Realty Group
| |
|
03/23/2023
|
2 Bed
|
1 Bath
|
792 ft²
|
$275,000
2 Bed
1 Bath
792 ft²
|
$299,000
+8.73%
05/19/2023
|
Sheri O'Connor
Plunkett Properties
| |
|
04/14/2021
|
2 Bed
|
1 Bath
|
830 ft²
|
$249,900
2 Bed
1 Bath
830 ft²
|
$260,000
+4.04%
06/03/2021
|
Kristen Robinson
Prudential Howe & Doherty
| |
|
03/04/2021
|
2 Bed
|
1 Bath
|
792 ft²
|
$225,000
2 Bed
1 Bath
792 ft²
|
$220,000
-2.22%
05/03/2021
|
John Magazzu
RE/MAX Renaissance Inc.
| |
|
05/01/2020
|
1 Bed
|
1 Bath
|
480 ft²
|
$144,900
1 Bed
1 Bath
480 ft²
|
$146,000
+0.76%
06/15/2020
|
James Demetri
James P. Demetri
| |
|
11/20/2019
|
1 Bed
|
1 Bath
|
688 ft²
|
$202,000
1 Bed
1 Bath
688 ft²
|
$190,000
-5.94%
03/19/2020
|
Karen DiRocco
Keller Williams Realty Evolution
| |
|
09/03/2019
|
1 Bed
|
1 Bath
|
719 ft²
|
$189,900
1 Bed
1 Bath
719 ft²
|
$189,900
09/27/2019
|
Michelle Doyle
Flow Realty, Inc.
| |
|
05/03/2019
|
2 Bed
|
1 Bath
|
830 ft²
|
$199,900
2 Bed
1 Bath
830 ft²
|
$190,000
-4.95%
05/17/2019
|
The Carroll Group
RE/MAX Partners
| |
|
08/02/2018
|
Studio
|
1 Bath
|
480 ft²
|
$119,900
Studio
1 Bath
480 ft²
|
$129,000
+7.59%
09/17/2018
|
Pat Bagni Latimer
MA Real Estate Center
| |
|
06/22/2017
|
1 Bed
|
1 Bath
|
719 ft²
|
$169,900
1 Bed
1 Bath
719 ft²
|
$175,000
+3.00%
08/21/2017
|
Joe Ippolito
William Raveis R.E. & Home Services
| |
|
05/23/2014
|
1 Bed
|
1 Bath
|
719 ft²
|
$138,500
1 Bed
1 Bath
719 ft²
|
$135,000
-2.53%
08/19/2014
|
Jo Cook
Renaissance Real Estate Advisors
| |
|
06/20/2013
|
1 Bed
|
1 Bath
|
719 ft²
|
$139,000
1 Bed
1 Bath
719 ft²
|
$135,500
-2.52%
08/15/2013
|
Anthony Giglio
eXp Realty
| |
|
03/05/2013
|
1 Bed
|
1 Bath
|
719 ft²
|
$124,900
1 Bed
1 Bath
719 ft²
|
$117,500
-5.92%
04/11/2013
|
Mary Ann Quinn
Premier Realty Group, Inc.
| |
|
05/11/2009
|
1 Bed
|
1 Bath
|
688 ft²
|
$139,900
1 Bed
1 Bath
688 ft²
|
$133,000
-4.93%
12/11/2009
|
Debbie Wipff Zappala
Prudential Howe & Doherty
| |
|
05/21/2007
|
1 Bed
|
1 Bath
|
480 ft²
|
$95,000
1 Bed
1 Bath
480 ft²
|
$93,500
-1.58%
10/01/2007
|
Ronald Ponte
Ponte Realty
| |
|
06/09/2006
|
1 Bed
|
1 Bath
|
719 ft²
|
$155,000
1 Bed
1 Bath
719 ft²
|
$151,000
-2.58%
03/09/2007
|
Susan Papalia
William Raveis R.E. & Home Services
| |
|
06/06/2004
|
2 Bed
|
1 Bath
|
792 ft²
|
$179,900
2 Bed
1 Bath
792 ft²
|
$178,000
-1.06%
08/27/2004
|
Kristen McMahon
Prudential Howe & Doherty
| |
|
10/28/2002
|
1 Bed
|
1 Bath
|
480 ft²
|
$89,900
1 Bed
1 Bath
480 ft²
|
$90,000
+0.11%
12/27/2002
|
Rick Nazzaro
Colonial Manor Realty
| |
|
08/13/2002
|
1 Bed
|
1 Bath
|
480 ft²
|
$89,900
1 Bed
1 Bath
480 ft²
|
$89,900
09/20/2002
|
Rick Nazzaro
Colonial Manor Realty
| |
|
07/08/2002
|
1 Bed
|
1 Bath
|
688 ft²
|
$139,000
1 Bed
1 Bath
688 ft²
|
$139,000
10/15/2002
|
Anthony Giordano
CENTURY 21 GR Associates
| |
|
05/13/2002
|
1 Bed
|
1 Bath
|
480 ft²
|
$89,900
1 Bed
1 Bath
480 ft²
|
$89,900
06/12/2002
|
Rick Nazzaro
Colonial Manor Realty
| |
|
09/07/2001
|
2 Bed
|
1 Bath
|
830 ft²
|
$129,900
2 Bed
1 Bath
830 ft²
|
$129,000
-0.69%
03/29/2002
|
William Meng
Friendly Realty & Trade
| |
|
01/30/1999
|
1 Bed
|
1 Bath
|
480 ft²
|
$49,900
1 Bed
1 Bath
480 ft²
|
$50,000
+0.20%
07/23/1999
|
Bobbie Botticelli
Colonial Manor Realty
| |
|
09/04/1998
|
2 Bed
|
1 Bath
|
750 ft²
|
$79,900
2 Bed
1 Bath
750 ft²
|
$82,000
+2.63%
10/01/1998
|
Karen Zanni
Boardwalk Real Estate
| |
|
08/20/1998
|
2 Bed
|
1 Bath
|
750 ft²
|
$79,900
2 Bed
1 Bath
750 ft²
|
$79,900
12/15/1998
|
Diane Giglio
Colonial Manor Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017