$255,000
●
Condo -
Off Market
6 Crescent Dr #4
Andover, MA 01810
2 Beds
1 Bath
935 Ft²
$1,803
Est. Monthly
$352
HOA / Fees
About This Property
Great opportunity to own this two bed, one bath condo in beautiful
Andover! Convenient to downtown, local shops and easy highway
access! The condo needs updating and will shine when you've done
the necessary cosmetics. Make this condo your own, or use it
as an income producing property. Condo fee covers everything
you need except electric utility! Easy to see!
Unit Size
935 Ft²
Days on Market
-
Land Size
-
Price per sqft
$262
Property Type
Condo
Property Taxes
$247
HOA Dues
$352
Year Built
1969
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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 #73182026)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 24, 2023 | In contract | - | |
| In contract | |||
| Nov 20, 2023 | Listed by LA Realty and Property Consulting, LLC | $244,990 | |
| Listed by LA Realty and Property Consulting, LLC | |||
| | |||
|
Great opportunity to own this two bed, one bath condo in beautiful Andover! Convenient to downtown, local shops and easy highway access! The condo needs updating and will shine when you've done the necessary cosmetics. Make this condo your own, or use it as an income producing property. Condo fee covers everything you need except electric utility! Easy to see!
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 1
Flooring Type: Tile, Carpet, Laminate
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 935
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1969
Building Name: Andover Garden
Building Area Total: 935
Building Area Units: Square Feet
Construction Materials: Brick
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $216,900
Tax Annual Amount: $2,963
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Heat
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry
HOA Fee: $352
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 |
|---|---|---|---|---|---|---|---|
|
12/20/2023
|
2 Bed
|
1 Bath
|
1010 ft²
|
$285,000
2 Bed
1 Bath
1010 ft²
|
$335,000
+17.54%
01/05/2024
|
Jerry Song
Classified Realty Group
| |
|
11/20/2023
|
2 Bed
|
1 Bath
|
935 ft²
|
$244,990
2 Bed
1 Bath
935 ft²
|
$255,000
+4.09%
12/21/2023
|
Luca Amara
LA Realty and Property Consulting, LLC
| |
|
11/17/2022
|
2 Bed
|
1 Bath
|
935 ft²
|
$229,000
2 Bed
1 Bath
935 ft²
|
$232,000
+1.31%
12/15/2022
|
Cristino Ynfante
Coco, Early & Associates
| |
|
12/16/2021
|
2 Bed
|
1 Bath
|
1009 ft²
|
$270,000
2 Bed
1 Bath
1009 ft²
|
$300,000
+11.11%
01/14/2022
|
Melanie Tringali
Otis & Ahearn - 84 Atlantic
| |
|
02/08/2018
|
2 Bed
|
1 Bath
|
1009 ft²
|
$218,900
2 Bed
1 Bath
1009 ft²
|
$218,900
03/28/2018
|
Jodi Crowley
Lamacchia Realty, Inc.
| |
|
01/13/2016
|
2 Bed
|
1 Bath
|
1010 ft²
|
$184,983
2 Bed
1 Bath
1010 ft²
|
$185,000
+0.01%
03/04/2016
|
Vincent Kaba
Keller Williams - Eastern Middlesex
| |
|
05/08/2014
|
2 Bed
|
1 Bath
|
919 ft²
|
$154,900
2 Bed
1 Bath
919 ft²
|
$150,000
-3.16%
07/31/2014
|
Thomas Carroll
Conway - Hanover
| |
|
02/28/2013
|
2 Bed
|
1 Bath
|
1006 ft²
|
$159,900
2 Bed
1 Bath
1006 ft²
|
$155,900
-2.50%
04/12/2013
|
Kathleen Cyrier
William Raveis R.E. & Home Services
| |
|
01/27/2010
|
2 Bed
|
1 Bath
|
1009 ft²
|
$169,900
2 Bed
1 Bath
1009 ft²
|
-
-
|
Karen Dame
Century 21 North East
| |
|
05/08/2008
|
2 Bed
|
1 Bath
|
919 ft²
|
$149,900
2 Bed
1 Bath
919 ft²
|
$145,000
-3.27%
08/25/2008
|
Mary Reynolds
Dewolfe-Andover
| |
|
04/18/2006
|
2 Bed
|
1 Bath
|
1010 ft²
|
$217,000
2 Bed
1 Bath
1010 ft²
|
$214,500
-1.15%
05/30/2006
|
Anthony Salerno
RE/MAX Partners
| |
|
01/17/2006
|
2 Bed
|
1 Bath
|
1010 ft²
|
$174,500
2 Bed
1 Bath
1010 ft²
|
$176,000
+0.86%
06/30/2006
|
Olga Lee
Prudential Howe & Doherty
| |
|
06/03/2005
|
2 Bed
|
1 Bath
|
1012 ft²
|
$209,900
2 Bed
1 Bath
1012 ft²
|
$200,000
-4.72%
07/29/2005
|
Joe Ippolito
William Raveis R.E. & Home Services
| |
|
10/19/2004
|
2 Bed
|
1 Bath
|
1010 ft²
|
$194,900
2 Bed
1 Bath
1010 ft²
|
$189,750
-2.64%
12/29/2004
|
Young Lee
William Raveis R.E. & Home Services
| |
|
05/20/2004
|
2 Bed
|
1 Bath
|
783 ft²
|
$164,900
2 Bed
1 Bath
783 ft²
|
$162,000
-1.76%
10/18/2004
|
Deborah Moore
Moore-Tuttle & Company
| |
|
05/23/2003
|
2 Bed
|
1 Bath
|
1008 ft²
|
$187,900
2 Bed
1 Bath
1008 ft²
|
$186,000
-1.01%
07/31/2003
|
Sheryl Doherty
William Raveis R.E. & Home Services
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017