16 Colony Park Circle
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 22, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by BHGRE Gary Greene | $395,000 | |
| Listed by BHGRE Gary Greene | |||
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Contemporary style home in Colony Park. Saltillo tile runs throughout the kitchen and living areas. Island kitchen is perfectly situated to provide views of the fireplace, dining room and den. High ceilings allow for ample natural light. Enormous back yard perfect for entertaining. New roof (2021). Generator. Double wide drive way for off street parking. All of this in the well established neighborhood of Colony Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017