12 Colonial Terrace
About This Property
Great flow on the inside, huge kitchen w/ center island, granite counters, walk-in pantry, a butlers pantry/bar, and french sliders to the deck and totally fenced in yard. The Gathering Room ( FR) is bright and sunny and has a floor to ceiling stone fireplace, 2 sets of french sliders, & recessed lights. First floor bedroom and full bath perfect for home office, nanny or extended family. The MBR suite is spacious with a gas fireplace and WI closet.Unfinished room could be exercise room or nursery. Brazilian wood floors in most rooms on both floors, a Kohler Generator for peace of mind. The massive, unfinished basement is poured concrete and has stairs in garage for additional entry/exit. Private well for watering, sprinkler system front and most of back. Maintenance free, vinyl cedar impression type siding, gutter guards, white vinyl fencing surrounds entire rear yard. Second gazebo on back deck. Gorgeous specimen trees. As pretty on the inside as it is from the outside!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Mar 25, 2021 | Listed by Diane Turton, Realtors-Point Pleasant Boro | $1,550,000 | |
| Listed by Diane Turton, Realtors-Point Pleasant Boro | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017