$190,000
●
Condo -
Off Market
3 Colonial Dr #B3
Andover, MA 01810
1 Bed
1 Bath
688 Ft²
$280,663
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model
About This Property
Come by this affordable FHA approved!! 1 Bedroom condo
in Andover. Tastefully updated with stainless appliances and
hardwood laminate floor.. Close to some major highways Picture
don't do it justice
Unit Size
688 Ft²
Days on Market
-
Land Size
-
Price per sqft
$294
Property Type
Condo
Property Taxes
$174
HOA Dues
$358
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 months ago (MLSPIN #72594723)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 13, 2024 | Price Decreased |
$279,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jan 31, 2024 | Listed by Lyv Realty | $284,900 | |
| Listed by Lyv Realty | |||
| | |||
|
This pet-friendly complex has a long list of amenities including a pool, tennis courts, additional storage, and a dog park. With the HOA fee covering heat, hot water, snow removal, and exterior maintenance, you can keep your utilities low and enjoy more time doing the things you love. The condo itself has been recently upgraded with new paint, stainless steel appliances, granite countertops, new light fixtures, new flooring, and an updated bathroom. The layout is spacious and inviting, with plenty of room to entertain or relax. This unit has one assigned parking space and plenty of additional visitor parking as well as an additional storage bin in the basement. Located close to major highways and a stone's throw from vibrant downtown Andover, this picture-perfect unit has it all.
| |||
| Mar 19, 2020 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Deeded, Off Street
Interior Details
Full Bathrooms: 1
Appliances: Microwave, Refrigerator
Flooring Type: Wood Laminate
Laundry Features: In Building
Rooms: 3
Basement: N
Exterior Details
Has Property Attached
Square Footage: 688
Year Built Source: Public Records
Year Built: 1969
Building Name: Colonial Drive
Building Area Total: 688
Building Area Units: Square Feet
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $137,000
Tax Annual Amount: $2,092
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Trail(s), Garden Area
HOA Fee: $358
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