30A Colonial Drive #2
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2016 | Sold | ||
| Sold | |||
| Mar 29, 2016 | Listed by Coldwell Banker Residential Brokerage - Andover | $104,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| Feb 24, 2010 | Sold | ||
| Sold | |||
| Oct 3, 2009 | Listed | $99,900 | |
| Listed | |||
| |||
|
NEW POTTERY BARN TYPE DECOR THRU-OUT. 1ST TIME BUYER-TAKE ADVANTAGE OF THE EXTNDED FED CREDIT! BUILD EQUITY & SAVE!! Nice wooded setting in rear. DELIGHTFUL & SUPRISINGLY Spacious Studio W/sep.Eatin KIT. LR/BR has 2 closets, Walkin & Dble Updated BA w/Heat Lamp. No Stairs at Back Door to assgnd prkg space. LOW MTHLY FEE-Heat,Water & Sewer included~All Gas~Just pay Electric. Tennis, Pool, Snow & Trash Removal. Near MAJOR RTES & "T" to Boston. GREAT INVESTMENT FOR MERRIMACK COLLEGE STUDENT!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/30/2026
|
1 Bed
|
1 Bath
|
480 ft²
|
$224,999
1 Bed
1 Bath
480 ft²
|
-
-
|
Amy Smith
Fox Hill Realty, LLC
| |
|
10/05/2025
|
1 Bed
|
1 Bath
|
480 ft²
|
$224,999
1 Bed
1 Bath
480 ft²
|
-
-
|
Amy Smith
Fox Hill Realty, LLC
| |
|
08/17/2017
|
1 Bed
|
1 Bath
|
480 ft²
|
$99,900
1 Bed
1 Bath
480 ft²
|
$106,000
+6.11%
09/07/2017
|
Donna Burke
Coldwell Banker Realty - Andover
| |
|
03/29/2016
|
1 Bed
|
1 Bath
|
470 ft²
|
$104,900
1 Bed
1 Bath
470 ft²
|
$97,000
-7.53%
04/25/2016
|
Cathy Johnson
Coldwell Banker Realty - Andover
| |
|
02/19/2010
|
1 Bed
|
1 Bath
|
480 ft²
|
$97,000
1 Bed
1 Bath
480 ft²
|
-
-
|
Johanna Webster
Coldwell Banker Realty - Andover
| |
|
10/03/2009
|
1 Bed
|
1 Bath
|
470 ft²
|
$99,900
1 Bed
1 Bath
470 ft²
|
$88,500
-11.41%
02/24/2010
|
Janice Fratus
Re/max Top Achievers, Inc.
| |
|
03/10/2006
|
1 Bed
|
1 Bath
|
480 ft²
|
$119,900
1 Bed
1 Bath
480 ft²
|
$119,900
05/02/2006
|
Rick Nazzaro
Colonial Manor Realty
| |
|
11/24/2004
|
Studio
|
1 Bath
|
480 ft²
|
$99,500
Studio
1 Bath
480 ft²
|
$96,000
-3.52%
03/21/2005
|
Michael Early
First Class Realty Corp.
| |
|
03/08/2004
|
1 Bed
|
1 Bath
|
480 ft²
|
$111,900
1 Bed
1 Bath
480 ft²
|
$109,000
-2.59%
07/16/2004
|
Marilyn Burke
Keller Williams Realty Boston South West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017