$150,000
●
Condo -
Off Market
E2 Colonial Dr #2
Andover, MA 01810
1 Bed
1 Bath
470 Ft²
$156,726
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model
About This Property
Completely renovated Colonial Drive studio with bedroom built in.
This unit has its own private entrance plus a fantastic location
close to the pool! Large living room with picture window and wall
AC. The updated kitchen has a new fridge, stainless tiled
backsplash, under cabinet lighting, butcher block countertop,
custom cabinetry for maximizing storage and organization, and a
dishwasher! Cool uplighting in the living room, bedroom, and over
the kitchen cabinets that you can leave on white or change colors
to fit your mood! Freshly painted, new floors, newer windows, lots
of shelving and big closets. Condo fee includes HEAT, hot water,
assigned parking spot #270 which is very close to the entrance,
extra storage, laundry in basement, Swimming pool, tennis courts,
basketball court, and a DOG PARK! Yes, PETS are allowed :) Loads of
green spaces to enjoy around the complex. All this conveniently
located to highways and shopping! **Offers due by Friday 7/22 @
5pm**
Unit Size
470 Ft²
Days on Market
-
Land Size
-
Price per sqft
$319
Property Type
Condo
Property Taxes
$152
HOA Dues
$271
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: 5 years ago (MLSPIN #73015098)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jul 20, 2022 | Listed by Universal Realty | $150,000 | |
| Listed by Universal Realty | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Area: 28.669999
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl, Lighting - Overhead
Length: 6.1
Width: 4.7
Width: 11.6
Length: 8.11
Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Vinyl, Dining Area, Countertops - Upgraded, Exterior Access, Remodeled, Lighting - Overhead
Area: 94.076
Length: 10.5
Level: First
Area: 116.55
Features: Flooring - Vinyl, Window(s) - Picture, Exterior Access, Lighting - Overhead
Width: 11.1
Features: Flooring - Vinyl, Lighting - Overhead, Closet - Double
Length: 7.1
Width: 7.2
Area: 51.12
Full Bathrooms: 1
Interior Features: Walk-In Closet(s), Closet - Walk-in, Lighting - Overhead, Center Hall, High Speed Internet
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Flooring - Vinyl
Laundry Features: Common Area, In Building
Rooms: 3
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Colonial Drive
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Brick
Patio and Porch Features: Patio
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: APT
Parcel Number: M:00085 B:00019 L:B022E, 1840866
Water Source: Public
Financial Details
Tax Assessed Value: $124,600
Tax Annual Amount: $1,819
Utilities Details
Utilities: for Electric Range
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Tennis Court(s), Park, Storage
Association Fee Frequency: Monthly
HOA Fee: $271
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
07/20/2022
|
1 Bed
|
1 Bath
|
470 ft²
|
$150,000
1 Bed
1 Bath
470 ft²
|
$150,000
08/30/2022
|
Joanne Fatahi
Universal Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017