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1841 Colgate 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%.
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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 |
|---|---|---|---|
| Dec 15, 2017 | Sold | ||
| Sold | |||
| Sep 1, 2017 | Listed | $889,900 | |
| Listed | |||
| | |||
|
Beautifully updated 4+3 with large great room, features fresh paint, new carpet, updated baseboards, crown molding, ceiling fans, remodel kitchen with granite counters, stainless appliances, travertine floors, recessed lighting, downstairs bathroom with soaking tub/ shower, with two bedrooms. Upstairs master bedroom and bath with large walk-in closet, second bedroom and second three quarter bath. Downstairs bonus room nearly 400 square feet with french doors leading out to the entertainers backyard where you will find a large grass area, above-ground spa, beautiful solar heated pool, garden house, gazebo, two covered patio areas and BBQ area. The home has doubled size RV parking. The manager has listed the unit size as 2450 square feet.
| |||
| Aug 22, 2017 | Listed by Century 21 Everest | $849,900 | |
| Listed by Century 21 Everest | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017