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11503 COLONY HILL DRIVE
About This Property
Step inside to discover a thoughtfully updated interior featuring stylish finishes, an open and inviting layout, and abundant natural light throughout. Every detail has been carefully renovated to offer a move-in-ready experience with comfort and functionality in mind.
Outside is where this property truly shines-almost an acre of land gives you the freedom to create your dream lifestyle. Whether you envision a pool, outdoor kitchen, workshop, garden, or simply room to park your boat, RV, or toys, the possibilities are endless. With no shortage of space, this property offers both privacy and flexibility rarely found at this price point.
Conveniently located near major highways, shopping, and dining, yet tucked away enough to enjoy peace and quiet, this home is the perfect balance of accessibility and tranquility.
Fully remodeled. Solid block construction. Nearly an acre. Unlimited potential.
Opportunities like this don't come around often-schedule your private showing today!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017