30A Colonial Drive, #6, Andover, MA, 01810 | $224,999

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 $1900 a month.

Features

  • Parking: 1-car, Off Street, Assigned, Deeded
  • Heating: Baseboard, Natural Gas
  • Cooling: Wall Unit(s)
  • Levels: 1
  • Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Rooms: 2
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: In Basement, In Building
  • Complex: Colonial Drive Conodminium
  • Year Built: 1973
  • Common Charge: $398
  • Approx Sq. Feet: 480
  • Est. Taxes: $1,982
  • Pet Policy: Yes w/ Restrictions
  • Appliances: Range, Refrigerator
  • MLS#: 73543520
  • Website: https://www.raveis.com
    /prop/73543520/30acolonialdrive_andover_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Amy E. Smith courtesy of Fox Hill Realty, LLC

Room Information

Type DescriptionDimensionsLevel
Kitchen Flooring - Vinyl, Balcony - Exterior, Countertops - Upgraded, Cabinets - Upgraded, Gas StoveThird
Laundry In Basement, In Building
Living Room Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture13.0 x 18.0Third

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Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@raveis.com

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30A Colonial Drive, #6, Andover, MA, 01810

$224,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $179,999 $179,999 $179,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.640% 5.972%
Monthly Tax Payment $165 $165 $165
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,094 $1,137 $1,495
Total Monthly Payment $1,334 $1,377 $1,735

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.