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Photo of Unit 2 at C2 Colonial Drive
Sold on Jun 28, 2006

1

Map

$150,000
● Condo - Off Market

C2 Colonial Drive #2

Andover, MA
bedrooms
1 Bed
bathrooms
1 Bath
square feet
660 Ft²
$257,475
RealtyHop Estimate
68.28%
Since Jul 1, 2006
National-US
Primary Model

About This Property

Don't miss a chance to view this lower level, garden-style Condo located at the desirable Colonial Drive Condominiums. Completely remodeled, one-bedroom unit with unique floorplan. Large eat-in kitchen with new cabinets and new pergo floor. New carpet in living room and bedroom, newly painted. Priced to sell, making it a great owner-occupied or investor unit. Refrigerator to remain. FYI: Anticipated special assessment of $402.66 in late spring/early summer for sewage treatment reserve account.
Unit Size
660 Ft²
Days on Market
-
Land Size
-
Price per sqft
$232
Property Type
Condo
Property Taxes
$123
HOA Dues
$257
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70295228)

Price History

Date / Event Date Event Price
Jun 28, 2006 Sold
Premium
Sold
Nov 16, 2005 Listed $153,000
Listed

Property Highlights

Air Conditioning
Parking Available
Parking Details
Parking Features: Off Street, Assigned, Common, Guest
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Rooms: 3
Basement: N
Exterior Details
Square Footage: 660
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1966
Building Area Total: 660
Building Area Units: Square Feet
Construction Materials: Brick
Pool Features: Association, In Ground
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $128,000
Tax Annual Amount: $1,473
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Heat
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Tennis Court(s), Playground, Trail(s)
HOA Fee: $257

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70295228
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