1621 Colonial Drive
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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 |
|---|---|---|---|
| Mar 11, 2020 | No longer available | - | |
| No longer available | |||
| Dec 17, 2019 | Sold | ||
| Sold | |||
| Nov 8, 2019 | Price Decreased |
$264,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Oct 30, 2019 | Listed | $269,900 | |
| Listed | |||
| | |||
|
GORGEOUS 1.5 STORY CUSTOM-BUILT HOME IN POPULAR HIDDEN CREEK ESTATES! Architectural details- BAY WINDOW, landscaping & stone trim add CURB APPEAL! Interior boasts UPDATED wood-look plank flooring+5 in. baseboards, deep mouldings & high ceilings! Bedroom (or Game Rm) w-closet & private half bath upstairs. Formal Dining w-French doors is another FLEX space! GREAT ROOM includes elegant Kitchen w-dark cabinetry & SS appl. that blend beautifully w-speckled GRANITE & butcher block PREP ISLAND! Split bed floorplan enhances your Master retreat w-room for reading nook, sep. vanities & 2 CLOSETS! FAMILY-ORIENTED neighborhood offers Clubhouse, FITNESS CENTER, Pools, sand V-ball, TENNIS & more! Eligible for USDA financing! The manager has listed the unit size as 2417 square feet.
| |||
| Aug 14, 2019 | Listed by Keller Williams Rockwall | $264,900 | |
| Listed by Keller Williams Rockwall | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017