116 Columbia Drive
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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 |
|---|---|---|---|
| Jan 4, 2021 | Sold | ||
| Sold | |||
| Mar 23, 2020 | Listed by Bennion Deville Homes | $639,000 | |
| Listed by Bennion Deville Homes | |||
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ONE of a kind remodeled Broadmor model home on an elevated lot in prestigious The Springs CC. You will be dazzled by the dramatic views as you enter the foyer as the dual pane glass framed windows highlight the gorgeous panoramic southwest mountains, lake and double fairway views. As you discover this amazing layout and the vaulted ceilings in LR, dining area, MBR, breakfast area and guest bedrm. This home offers a light and bright inviting atmosphere with stunning indoor/outdoor living, dining areas, over looking the lake, the Santa Rosa mtns and a spacious kitchen open to a separate breakfast/den area. The master suite offers a lavish retreat w/ built-ins, spacious walk in closet oversized bath area, an additional bedroom suite within the 3100 sq ft. Most rooms have access to outdoor patios w/ views. Your HOA fee includes: exterior painting, earthquake insurance, roof & landscape maintenance, cable, pest control, 24-hour guard gate & house alarm monitoring. Don't miss the chance to live your Desert Life in Style
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017