1462 Colfax Avenue
About This Property
Welcome to this beautifully remodeled 3-bedroom, 2-bathroom home, offering both comfort and style. The spacious primary bedroom features an ensuite bath and your very own private balcony, the perfect retreat for enjoying your morning coffee or unwinding at sunset. The home boasts a convenient main-floor laundry and a versatile bonus room that could easily serve as an additional bedroom, office, or playroom or whatever fits your lifestyle. Nestled in the desirable Saint Joseph Township, you'll be just moments away from the stunning shores of Lake Michigan, as well as shopping and local amenities. Step outside to a lovely backyard oasis, ideal for relaxing evenings or hosting memorable gatherings with friends and family. Don't miss the opportunity to make this stunning home yours schedule a showing today!
New OTR microwave installed, Seller to give a credit for refrigerator and range.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017