Active
3 Days on market
30A Colonial Drive #6 Andover — Photo 1 of 14

30A Colonial Drive #6 Andover — Photo 1 of 14

$224,999

Investment Analysis — 30A Colonial Drive #6

Andover, MA 01810

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 1-bedroom in 01810 carries an estimated $2,240/mo in gross rent — about a 6.08% cap rate and $13,676/yr in estimated NOI at the $224,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

480

Style

Condominium

Built

1973

Spacious, Updated Studio at Sough After Colonial Drive Condos. Main Room Is Easily Dividable Into Sleeping And Living Space. 2 Closets. 1 Large Walk In. Big Picture Window To Allow Plenty Of Natural Sunlight. Eat In Kitchen With Updated Cabinets And Counter. Refinished Bathroom With Tile Shower/Tub Combo, Vanity With Granite Top. Large, Newer Wall A/C That Cools Entire Home.This Unit Is On The Top Floor, No Neighbors Above. Laundry In Basement Of Building.Extra Deeded Storage In Separate Basement Room As Well. Deeded Parking Space. Complex Has Pool, Tennis Court and Basketball. Is Pet Friendly And Professionally Managed.Conveniently Located, Right Off Of Rt 28 On The North Reading/Andover Line. Close to Rt 125 and 93. Close to Merrimac College and Hospitals in Lawrence and Lowell. Heat and Hot Water Included In Your Very Reasonable HOA Fee. Why Rent When You Can Own And Build Equity? Looking for an investment? Last tenant was paying $2000 a month. Video tour available.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$224,999
Annual Taxes$1,982
HOA Fee$397.6

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms2
FireplacesNone
FlooringVinyl, Carpet
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerOther

Building & Exterior

ConstructionBrick
RoofShingle
Foundation--
ZoningAPT

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomKitchenBathroom 1
Living Room
Lvl Third

18 x 13

Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture

Kitchen
Lvl Third

Flooring - Vinyl, Balcony - Exterior, Countertops - Upgraded, Cabinets - Upgraded, Gas Stove

Bathroom 1
Lvl Third

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Remodeled

Property History

Listed
$224,999

Sep 22, 2026

MLS® 73580840

Terminated
$224,999

Jul 13, 2026

MLS® 73543520

Listed
$224,999

Jun 30, 2026

MLS® 73543520

Expired
$224,999

Dec 5, 2025

MLS® 73439897

Listed
$224,999

Oct 5, 2025

MLS® 73439897

Terminated
$97,000

Sep 7, 2010

MLS® 71035061

Listed
$97,000

Feb 19, 2010

MLS® 71035061

Listing Provided By

Listing Agent: Amy E. Smith

Listing Office: Fox Hill Realty, LLC

MLS® Number: 73580840