$292,000
●
Condo -
Off Market
A1 Colonial Dr #3
Andover, MA
2 Beds
1 Bath
830 Ft²
$282,070
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Well-maintained 2-bedroom condo is the perfect blend of style,
comfort, and convenience. The thoughtfully designed open floor plan
flows seamlessly from the living room to the dining area and
well-appointed kitchen w/ample cabinets and breakfast bar. Whether
you're preparing a gourmet meal or just grabbing a quick bite, this
kitchen has everything you need to make mealtime a breeze. The
bedrooms are spacious, each featuring large windows and plenty of
closet space. Walls are painted a neutral palette, providing a
blank canvas for you to personalize your space. Amenities include a
basketball court, an in-ground swimming pool, tennis courts, and an
enclosed dog park.Pet policy is 1 per unit, with the restriction of
"no lock-jaw" dog permitted. First showings begin 4/21 at the
Commuter Open House 5-7 pm.
Unit Size
830 Ft²
Days on Market
-
Land Size
-
Price per sqft
$337
Property Type
Condo
Property Taxes
$230
HOA Dues
$447
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 years ago (MLSPIN #73100218)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2023 | Sold | ||
| Sold | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
| Apr 18, 2023 | Listed by Compass | $279,900 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Laminate
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Laminate
Level: First
Level: First
Features: Flooring - Laminate
Level: First
Features: Flooring - Laminate
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Utility Connections for Electric Range
Flooring Type: Tile, Laminate
Laundry Features: In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Guest, Paved, Exclusive Parking
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Colonial Drive Condominium
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: Condo Res
Parcel Number: 1840837
Water Source: Public
Financial Details
Tax Assessed Value: $201,700
Tax Annual Amount: $2,755
Utilities Details
Utilities: for Electric Range
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Tennis Court(s)
Association Fee Frequency: Monthly
HOA Fee: $447
Community Features: Shopping, Pool, Walk/Jog Trails, Golf, Highway Access, House of Worship
Pets Allowed: Yes w/ Restrictions
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017