$83,000
●
Condo -
Off Market
4 Colonial Dr #3D
Andover, MA 01810
1 Bed
1 Bath
480 Ft²
$171,650
RealtyHop Estimate
102.18%
Since Aug 1, 2010
MA-Boston
Primary Model
About This Property
FREE HEAT!!! Attention Condo Buyers and Investors.
Studio Condo available at Colonial Drive in Andover.
Great Rental, or Inexpensive home. Located close to the
highway and Downtown Andover. Heat is included in the monthly
condo fees. Views of the inground pool. Priced lower
than any other condo in Andover, will not last. Move quickly
on this one!!!! Lease to Own Available- NO CREDIT CHECK.
CALL NOW!!! To move into your new home.
Unit Size
480 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
Condo
Property Taxes
$88
HOA Dues
$187
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 #71000479)
Price History
Property Highlights
Air Conditioning
Parking Available
Interior Details
Width: 10
Length: 14
Area: 140
Length: 18
Area: 234
Width: 13
Features: No
Full Bathrooms: 1
Appliances: Range, Refrigerator, Utility Connections for Electric Range
Rooms: 2
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Low-Rise
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Pool Features: Association
Lot Size Units: Acres
Zoning: condo
Parcel Number: M:00085 B:00019 L:B043D, 1840905
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $86,900
Tax Annual Amount: $1,057
Utilities Details
Utilities: for Electric Range
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Oil
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Tennis Court(s), Trail(s)
HOA Fee: $187
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Private School
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
01/17/2024
|
2 Bed
|
1 Bath
|
-
|
$309,900
2 Bed
1 Bath
|
-
-
|
Patricia Nunez
Redfin Corp.
| |
|
08/03/2017
|
1 Bed
|
1 Bath
|
719 ft²
|
$139,900
1 Bed
1 Bath
719 ft²
|
$150,000
+7.22%
08/28/2017
|
Sharon Coskren
Leading Edge Real Estate
| |
|
07/22/2014
|
1 Bed
|
1 Bath
|
719 ft²
|
$126,500
1 Bed
1 Bath
719 ft²
|
$118,000
-6.72%
08/29/2014
|
Jerry Song
Coldwell Banker Realty - Andover
| |
|
02/28/2014
|
2 Bed
|
1 Bath
|
830 ft²
|
$164,900
2 Bed
1 Bath
830 ft²
|
$164,900
05/30/2014
|
The Janice Sullivan Team
LAER Realty Partners
| |
|
06/06/2011
|
1 Bed
|
1 Bath
|
719 ft²
|
$119,900
1 Bed
1 Bath
719 ft²
|
$115,000
-4.09%
09/14/2011
|
Mark Nelson
Leading Edge Real Estate
| |
|
11/11/2009
|
1 Bed
|
1 Bath
|
480 ft²
|
$84,900
1 Bed
1 Bath
480 ft²
|
$83,000
-2.24%
07/30/2010
|
Bruce Lord
Lord Properties
| |
|
10/25/2007
|
1 Bed
|
1 Bath
|
719 ft²
|
$139,900
1 Bed
1 Bath
719 ft²
|
$133,000
-4.93%
02/14/2008
|
Janet Crispo
Century 21 Spindler & O'Neil Associates
| |
|
03/29/2007
|
Studio
|
1 Bath
|
470 ft²
|
$92,750
Studio
1 Bath
470 ft²
|
$93,000
+0.27%
05/01/2007
|
Lorraine Malloy
J. Mulkerin Realty
| |
|
02/07/2007
|
2 Bed
|
1 Bath
|
792 ft²
|
$175,000
2 Bed
1 Bath
792 ft²
|
$172,500
-1.43%
06/21/2007
|
Maureen Giuliano
Classified Realty Group
| |
|
09/15/2005
|
2 Bed
|
1 Bath
|
830 ft²
|
$219,900
2 Bed
1 Bath
830 ft²
|
$208,000
-5.41%
03/15/2006
|
David Kosta
Residential Realty Group
| |
|
09/07/2005
|
2 Bed
|
1 Bath
|
830 ft²
|
$199,900
2 Bed
1 Bath
830 ft²
|
$195,000
-2.45%
04/28/2006
|
J. Michael Dowling
Carlson GMAC Real Estate
| |
|
03/10/2003
|
Studio
|
1 Bath
|
480 ft²
|
$93,900
Studio
1 Bath
480 ft²
|
$93,900
05/22/2003
|
Marilyn Burke
Keller Williams Realty Boston South West
| |
|
05/30/2001
|
2 Bed
|
1 Bath
|
830 ft²
|
$139,900
2 Bed
1 Bath
830 ft²
|
$135,000
-3.50%
08/31/2001
|
Susan Cantone
Century 21 Spindler & O'Neil Associates
| |
|
07/25/2000
|
1 Bed
|
1 Bath
|
480 ft²
|
$69,900
1 Bed
1 Bath
480 ft²
|
$67,000
-4.15%
09/29/2000
|
Jane Watson
Colonial Manor Realty
| |
|
08/25/1997
|
1 Bed
|
1 Bath
|
719 ft²
|
$62,500
1 Bed
1 Bath
719 ft²
|
$59,500
-4.80%
10/31/1997
|
Myrna Tichenor
Colonial Manor Realty
|
Building Info
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