1061 Colony Dr
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 24, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Richmond Realty Inc | $701,950 | |
| Listed by Richmond Realty Inc | |||
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**!!READY SUMMER 2024!!**This Lapis comes ready to impress with two stories of smartly inspired living spaces and designer finishes throughout. The main floor is ideal for entertaining with its open layout. The great room welcomes you to relax near the fireplace and flows into the dining room and well-appointed kitchen which features a quartz center island, walk-in pantry and stainless steel appliances. A convenient study, powder and mud room that is off the garage completes the main floor. Retreat upstairs to find two secondary bedrooms, with walk-in closets and shared bath that provide ideal accommodations for family or guests. The primary suite boasts a private bath and a spacious walk-in closet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017