165 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 |
|---|---|---|---|
| Nov 3, 2021 | Sold | ||
| Sold | |||
| Sep 4, 2021 | Listed by Possum Kingdom Real Estate | $589,000 | |
| Listed by Possum Kingdom Real Estate | |||
| | |||
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EXQUISITE multi-level home sits on large 0.334 acre CORNER LOT in the Cliffs Resort at Possum Kingdom Lake. Drive up to stone Porte Cochere entry. 3 bedroom, 3 & half bath, FURNISHED. Recent renovations include new flooring, AC unit, roof & doors. Upper level boasts Bright and Airy concept with open living and dining room area. Kitchen comes fully equipped with stainless steel appliances and large tiled island bar for dining & entertainment. Balcony offers southern vista views on full display of Palo Pinto Mountains and surrounding area. Lower level offers two spacious guest-rooms, both with private baths. Oversized garage offers plenty of room for boat or golf cart storage. Come see this PK Lake Home!
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| Jun 19, 2020 | Sold | ||
| Sold | |||
| Mar 1, 2020 | Listed by Coldwell Banker Realty | $299,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017