15 Colonial Drive
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 |
|---|---|---|---|
| Oct 7, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by Vincent Keenan, REALTORS | $448,500 | |
| Listed by Vincent Keenan, REALTORS | |||
| May 3, 2020 | No longer available | - | |
| No longer available | |||
| Mar 11, 2020 | Price Decreased |
$368,000
↓ $7K
(1.9%) | |
| Price Decreased | |||
| Feb 28, 2020 | Listed | $375,000 | |
| Listed | |||
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This is a spacious 3-bed, 2-bath just steps to the beach! This property has a large formal living room, open kitchen with breakfast bar, family room with river rock fireplace, oversized screened patio, and large privacy fenced backyard. In area of fine homes with waterfront influence. Tile throughout home, modern appliances in kitchen, laundry hook-up, large workbench and built-in cabinets in jumbo 2 car garage, private gated courtyard entry, screened patio has windows that enclose space, and a fenced backyard with pavers. Enormous feature fireplace, eat-in kitchen with pass through window to patio, pantry, and more! XLNT location steps to beach, area amenities, Downtown, shopping, short drive to surrounding Space Coast areas, 45 minutes to Orlando. A must see in this price range. The manager has listed the unit size as 2026 square feet.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017