$59,500
●
Condo -
Off Market
4 Colonial Drive #4B2
Andover, MA 01810
1 Bed
1 Bath
719 Ft²
$254,023
RealtyHop Estimate
306.44%
Since Nov 1, 1997
MA-Boston
Primary Model
About This Property
REMODELED SECOND FLOOR 1 BEDROOM UNIT FACING COURTYARD. CONVENIENT
LOCATION. POOL,TENNIS,BASKETBALL COURT. FEE INCLUDES HEAT, HOT
WATER, MAINTENANCE AND INSURANCE.
Unit Size
719 Ft²
Days on Market
-
Land Size
-
Price per sqft
$87
Property Type
Condo
Property Taxes
$66
HOA Dues
$249
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
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: 4 years ago (MLSPIN #30181352)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 1997 | Sold | ||
| Sold | |||
| Aug 25, 1997 | Listed by Colonial Manor Realty | $62,500 | |
| Listed by Colonial Manor Realty | |||
Property Highlights
Air Conditioning
Interior Details
Width: 9
Length: 10
Area: 90
Width: 8
Length: 10
Area: 80
Length: 16
Area: 240
Width: 15
Length: 13
Width: 12
Area: 156
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Gas Water Heater
Flooring Type: Carpet
Rooms: 4
Basement: N
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Colonial Drive Condominiums
Structure Type: Garden
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Brick
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RES
Financial Details
Tax Assessed Value: $51,300
Tax Annual Amount: $794
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Heat, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Tennis Court(s), Playground
HOA Fee: $249
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017