181 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 |
|---|---|---|---|
| Jul 20, 2026 | Listed by TX Lake & Land Real Estate | $725,000 | |
| Listed by TX Lake & Land Real Estate | |||
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | Listed by Keller Williams Central | $724,000 | |
| Listed by Keller Williams Central | |||
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This is your opportunity to get into the prestigious Pinnacle Golf and Boat Club community on Cedar Creek Reservoir. Experience the perfect blend of upscale living and recreational amenities just a short drive from Dallas. Nestled among million-dollar homes and beautiful Texas woods with deer and wildlife, this home could be a perfect weekend getaway, a summer home, or a new home away from the noisy cities. This house checks all boxes. Enjoy the tall ceilings, elegant interior design, and amazing views down the #4 fairway. Relax on the covered porch equipped with an outdoor kitchen, or hop into your golf cart and drive down to the shoreline to enjoy the lake views in the evening. Love an active lifestyle? Spend time with family and friends at the community pool or at the tennis court, play golf, enjoy boating, fishing, and water sports, or go highking in the nearby state park. Call today! Ask the listing agent about the LIMITED-TIME SPECIAL INTEREST RATE options.
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| Jul 6, 2023 | No longer available | - | |
| No longer available | |||
| Jun 11, 2023 | Price Decreased |
$724,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017