16 Colonial Dr
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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | Listed by Chinatti Realty Group, Inc. | $630,000 | |
| Listed by Chinatti Realty Group, Inc. | |||
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Welcome to this beautifully updated colonial home! Nestled on almost an acre lot, this home offers the perfect blend of tranquility and convenience. As you step inside, you'll be greeted by the warm and inviting atmosphere. With 4 bedrooms, 1.5 baths and a 2 car garage, there's plenty of space to spread out and relax. The living room features a wood-burning fireplace, creating the ideal cozy setting for chilly evenings. Step outside onto the multi level outdoor deck, where you can host summer barbecues or simply unwind with a cup of coffee. Indoor or outdoor, this home is perfect for entertaining. Easy access to both Boston and tax-free shopping in New Hampshire, you'll enjoy the best of both worlds. Located in a desirable private neighborhood, close to Veterans Memorial Park and nearby amenities, this home offers the perfect blend of privacy and community. Don't miss your chance to make this Dracut gem your own – schedule a showing today! *Best and Final due 7pm 4/29*
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| Jul 3, 2007 | Sold | ||
| Sold | |||
| May 15, 2007 | Listed by Chinatti Realty Group, Inc. | $369,900 | |
| Listed by Chinatti Realty Group, Inc. | |||
| Oct 24, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017