$120,000
●
Condo -
Off Market
60 Colonial Drive #2
Andover, MA 01810
1 Bed
1 Bath
735 Ft²
$306,229
RealtyHop Estimate
118.89%
Since Feb 1, 2012
MA-Boston
Primary Model
About This Property
Stunning 1 Bdr Unit at Colonial Drive Condos in Andover-Completely
Updated! Gleaming Hdw Floors, Updated Bathroom, Stainless Steel
Appliances, and Amazing Walk in Closet! Condo Fee inlcudes heat +
HW, Deeded Parking Space + Additional Vistor Parking Lot Right Next
to the Building. Amenities, Pet Friendly, Storage, Laundry on Site,
Pool, Tennis Courts, + Basket Ball Court. Ideal Commuter
Location-Only 30 minutes to Boston! Near Routes 93, 495, 28 + 125.
Close to Commuter Rail Stations + Shopping,
Unit Size
735 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
Condo
Property Taxes
$155
HOA Dues
$300
Year Built
-
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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: 4 months ago (MLSPIN #71314250)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2018 | Sold | ||
| Sold | |||
| Apr 18, 2018 | Listed by W. Henry Estates LLC | $164,900 | |
| Listed by W. Henry Estates LLC | |||
| | |||
|
Why Rent when you can own this beautifully updated One Bedroom condo in Andover! This unit boasts gorgeous wood laminate flooring throughout, an updated kitchen and bathroom and a HUGE walk in closet! Deeded parking spot for the unit and PLENTY of visitor parking. This community also has a wonderful on-site management office open 5 days a week, a great seasonal in-ground community pool and tennis courts! There is common laundry in the building just across the hall available 24/7 and a large size storage unit as well. Condo fee includes almost everything, owner pays electric and cable. Stop renting and purchase this gem today, won't last!
| |||
| Apr 11, 2014 | Sold | ||
| Sold | |||
| Jan 6, 2014 | Listed by Connie Doto Realty Group | $139,900 | |
| Listed by Connie Doto Realty Group | |||
| | |||
|
FHA approved! Totally updated - Move in ready Condo! Open concept maximizes space. Beautiful dark wood floors - up to the minute in style! Eat in kitchen, white cabinets and tile backsplash. Benjamen Moore Color Palette - Large walk in closet. This is a must see and priced to sell. Association fee includes:Heat, Hot Water, Water, Sewer, Master Insurance, Swimming Pool, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court, Refuse Removal. No title V required. additional storage right across the hall. Laundry also right across the hall.
| |||
| Jan 18, 2012 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Wood, Tile
Laundry Features: Common Area, First Floor, In Building
Rooms: 3
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 735
Year Built Source: Public Records
Year Built: 1973
Building Area Total: 735
Building Area Units: Square Feet
Construction Materials: Brick
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Private
Financial Details
Tax Assessed Value: $131,700
Tax Annual Amount: $1,860
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Oil
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Tennis Court(s)
HOA Fee: $300
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 |
|---|---|---|---|---|---|---|---|
|
04/02/2025
|
1 Bed
|
1 Bath
|
735 ft²
|
$279,000
1 Bed
1 Bath
735 ft²
|
$287,000
+2.87%
05/08/2025
|
Ann Gray
Leading Edge Real Estate
| |
|
07/17/2024
|
1 Bed
|
1 Bath
|
769 ft²
|
$289,900
1 Bed
1 Bath
769 ft²
|
$280,000
-3.41%
11/20/2024
|
Zahra Zoglauer
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
03/20/2024
|
1 Bed
|
1 Bath
|
769 ft²
|
$279,900
1 Bed
1 Bath
769 ft²
|
$280,000
+0.04%
06/14/2024
|
Sanaz Samali-Anthony
Chinatti Realty Group, Inc.
| |
|
11/05/2020
|
1 Bed
|
1 Bath
|
735 ft²
|
$189,900
1 Bed
1 Bath
735 ft²
|
$200,000
+5.32%
12/21/2020
|
Lisa Dooley
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
05/14/2020
|
1 Bed
|
1 Bath
|
769 ft²
|
$212,000
1 Bed
1 Bath
769 ft²
|
$217,000
+2.36%
07/20/2020
|
Roberta Nelson
Classified Realty Group
| |
|
07/11/2019
|
1 Bed
|
1 Bath
|
769 ft²
|
$189,900
1 Bed
1 Bath
769 ft²
|
$190,000
+0.05%
08/28/2019
|
Timothy Tremonte
Coldwell Banker Residential Brokerage - Cambridge
| |
|
04/18/2018
|
1 Bed
|
1 Bath
|
735 ft²
|
$164,900
1 Bed
1 Bath
735 ft²
|
$167,000
+1.27%
07/25/2018
|
Lucia Fosco
W. Henry Estates LLC
| |
|
06/22/2017
|
1 Bed
|
1 Bath
|
769 ft²
|
$149,900
1 Bed
1 Bath
769 ft²
|
$175,000
+16.74%
08/15/2017
|
Lisa Pijoan
RE/MAX Encore
| |
|
05/23/2015
|
1 Bed
|
1 Bath
|
769 ft²
|
$159,900
1 Bed
1 Bath
769 ft²
|
$160,500
+0.38%
08/14/2015
|
Team Barrett Caouette
RE/MAX Prestige
| |
|
11/20/2014
|
1 Bed
|
1 Bath
|
811 ft²
|
$139,500
1 Bed
1 Bath
811 ft²
|
$144,000
+3.23%
12/31/2014
|
Paul Servideo
Select R. E. Group
| |
|
09/16/2014
|
1 Bed
|
1 Bath
|
735 ft²
|
$135,000
1 Bed
1 Bath
735 ft²
|
$131,000
-2.96%
11/07/2014
|
Peggy Patenaude
William Raveis R.E. & Home Services
| |
|
01/06/2014
|
1 Bed
|
1 Bath
|
735 ft²
|
$139,900
1 Bed
1 Bath
735 ft²
|
$142,000
+1.50%
04/11/2014
|
Gina Jones
KW Coastal and Lakes & Mountains Realty
| |
|
05/12/2012
|
1 Bed
|
1 Bath
|
769 ft²
|
$124,900
1 Bed
1 Bath
769 ft²
|
$100,000
-19.94%
06/15/2012
|
Heather LoRe
Century 21 Spindler & O'Neil Associates
| |
|
11/25/2011
|
1 Bed
|
1 Bath
|
735 ft²
|
$139,900
1 Bed
1 Bath
735 ft²
|
$120,000
-14.22%
01/18/2012
|
Robin McKeon
McKeon-Corcoran Real Estate
| |
|
10/27/2009
|
1 Bed
|
1 Bath
|
769 ft²
|
$114,900
1 Bed
1 Bath
769 ft²
|
$105,000
-8.62%
02/12/2010
|
Bobbie Botticelli
Colonial Manor Realty
| |
|
06/09/2009
|
1 Bed
|
1 Bath
|
735 ft²
|
$139,900
1 Bed
1 Bath
735 ft²
|
$130,000
-7.08%
08/27/2009
|
Ryan Covino
RE/MAX Leading Edge
| |
|
12/09/2007
|
1 Bed
|
1 Bath
|
735 ft²
|
$129,900
1 Bed
1 Bath
735 ft²
|
$129,000
-0.69%
03/14/2008
|
Mary Reynolds
Dewolfe-Andover
| |
|
11/23/2007
|
1 Bed
|
1 Bath
|
735 ft²
|
$156,900
1 Bed
1 Bath
735 ft²
|
$153,000
-2.49%
05/30/2008
|
Patricia Anderson
Conway - Lakeville
| |
|
11/16/2007
|
1 Bed
|
1 Bath
|
769 ft²
|
$159,900
1 Bed
1 Bath
769 ft²
|
$160,900
+0.63%
12/31/2007
|
Rick Nazzaro
Colonial Manor Realty
| |
|
09/10/2007
|
1 Bed
|
1 Bath
|
769 ft²
|
$158,000
1 Bed
1 Bath
769 ft²
|
$151,000
-4.43%
10/15/2007
|
Paula Carroll
Colonial Manor Realty
| |
|
05/18/2007
|
1 Bed
|
1 Bath
|
769 ft²
|
$144,900
1 Bed
1 Bath
769 ft²
|
$142,000
-2.00%
06/29/2007
|
Thomas Carroll
Conway - Hanover
| |
|
01/06/2004
|
1 Bed
|
1 Bath
|
769 ft²
|
$162,500
1 Bed
1 Bath
769 ft²
|
$160,000
-1.54%
02/13/2004
|
Judy Bernard
Corner Stone Realty
| |
|
01/21/2003
|
1 Bed
|
1 Bath
|
735 ft²
|
$139,900
1 Bed
1 Bath
735 ft²
|
$138,000
-1.36%
03/28/2003
|
Rosemary Devincenzo
Century 21 North East
| |
|
10/03/2002
|
1 Bed
|
1 Bath
|
769 ft²
|
$149,750
1 Bed
1 Bath
769 ft²
|
$148,000
-1.17%
12/04/2002
|
Steven Gutstein
William Raveis R.E. & Home Services
| |
|
05/07/2002
|
1 Bed
|
1 Bath
|
769 ft²
|
$150,000
1 Bed
1 Bath
769 ft²
|
$150,000
08/30/2002
|
Nuala Boness
Coldwell Banker Realty - Andover
| |
|
10/19/2001
|
1 Bed
|
1 Bath
|
769 ft²
|
$124,900
1 Bed
1 Bath
769 ft²
|
$124,900
12/07/2001
|
Elizabeth Stakem
Leading Edge Real Estate
| |
|
11/15/1999
|
1 Bed
|
1 Bath
|
736 ft²
|
$84,900
1 Bed
1 Bath
736 ft²
|
$78,000
-8.13%
12/06/1999
|
Patricia Black
Premier Realty Group, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017