1 Colby Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by Coldwell Banker Realty - Lynnfield | $849,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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This stunning OPEN CONCEPT LAYOUT offers a seamless flow between the living, dining, & kitchen areas—PERFECT FOR ENTERTAINING. At the heart of the home, the CHEF-INSPIRED KITCHEN boasts 2 islands, double ovens, SS appliances, quartz counters, & custom finishes. The adjacent dining area, complete w/built-in storage & serving counter, flows naturally into a sun-filled living room highlighted by a bay window. From the kitchen, step outside to the SPACIOUS DECK OVERLOOKING THE PRIVATE, FENCED BACKYARD —ideal for gatherings, play, or outdoor relaxation. Bathrooms have been renovated for a modern look. The lower level expands your living space w/a GENEROUS FAMILY ROOM & A SECOND PRIMARY SUITE featuring a spa-like en suite w/soaking tub & oversized shower. You’ll also find a versatile bonus room (now a craft room), an additional 1/2 BA, & A LARGE MUDROOM W/CUSTOM CABINETS & LAUNDRY a few covered steps from the 2 CAR DETACHED GARAGE. Next to Brooksby Farm hiking trails & apple orchards.
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| Oct 11, 2018 | Sold | ||
| Sold | |||
| Jun 26, 2018 | Listed by Coldwell Banker Residential Brokerage - Lynnfield | $529,900 | |
| Listed by Coldwell Banker Residential Brokerage - Lynnfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017