116 Colorado St
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | Relisted | $299,900 | |
| Relisted | |||
| Apr 12, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $299,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Exceptional Setting in the Popular East Forest Park Community of Springfield, MA! This charming home sits proudly atop a gentle hill overlooking 60 Acres of nature, woods & wildlife. The location is ideal, offering a peaceful environment yet still allows for easy reach-ability of area conveniences. This home has a great open floor plan with 7 rooms, 3 bedrooms & 1.5 baths. The main level boasts a spacious great room with vaulted, beamed ceilings, and a stunning brick fireplace. The living room is expansive with a bay window providing an abundance of natural light creating a bright and airy flow. The kitchen has an abundance of cabinets and is open to the dining area. All of this creates great space for entertaining and everyday life. All 3 bedrooms are located on the 2nd floor with the primary bedroom spanning the length of the house from front to back. This has been a happy home to the same family for nearly 40 years, now is the time for the new owners to create memories.
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| Aug 14, 1979 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017