131 N Colbert Avenue
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Listed by Texas Life Real Estate | $199,900 | |
| Listed by Texas Life Real Estate | |||
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Step into your dream home for under $200K! This FULLY RENOVATED charmer on a CORNER LOT was taken down to the studs in 2021. Enjoy peace of mind with new siding, fascia, windows, roof, and leveled foundation. A full bath was also added in 2021 and includes a full-size stackable washer and dryer that are yours to keep! The bright white kitchen features stainless steel appliances, soft-close cabinets, granite countertops, and a picturesque window overlooking your landscaped backyard. And yes—the stainless steel refrigerator stays! Luxury vinyl plank flooring lines the entire house for a low-maintenance lifestyle. Freshly painted and move-in ready, this home stands out with its tantalizing teal front door and built-in planter box. Located in a convenient Sherman location near downtown, Austin College, and within walking distance to Sherman Middle School, this is the perfect place to start your next chapter. Start 2025 in style—make this stunning home yours today!
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| Jul 2, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by C-21 DEAN GILBERT, REALTORS | $99,000 | |
| Listed by C-21 DEAN GILBERT, REALTORS | |||
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INVESTORS SPECIAL!! Great 3 bed 1 bath house located in east Sherman. Has tenant already in place, ready to add to your portfolio!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017