115 Colin Drive
About This Property
Large eat in kitchen is completely renovated featuring updated appliances, while the home also boasts a new roof and furnace.
Central air conditioning throughout the house.
There are 3 comfortable bedrooms, the primary bedroom has a Jack and Jill full bath. Beautiful open layout living room with a bay window overlooking the beautiful landscaping of the front yard.
As you descend the staircase from the living room you enter a completely full finished basement. Basement contains a large closet, utility room and washer/dryer.
As you come back up to the first floor to the expansive kitchen/dining area just beyond the sliding glass doors, the .28-acre property unfolds into a private, professionally landscaped sanctuary with in-ground sprinklers. There are multiple hardscaped areas for relaxing and entertaining. The completely fenced in backyard has a shed with ample room for storage. Conveniently located near shopping, restaurants, parks, schools, beaches and transportation.
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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 16, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Listed by BH&G R E Realty Connect | $549,999 | |
| Listed by BH&G R E Realty Connect | |||
| Mar 29, 2000 | Sold | ||
| Sold | |||
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About Shirley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017