1850 Colony Dr. #2D
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 11, 2023 | No longer available | - | |
| No longer available | |||
| Jan 9, 2023 | Sold | ||
| Sold | |||
| Nov 23, 2022 | Price Decreased |
$139,900
↓ $5K
(3.5%) | |
| Price Decreased | |||
| Nov 3, 2022 | Price Decreased |
$144,900
↓ $4K
(2.8%) | |
| Price Decreased | |||
| Oct 21, 2022 | Listed | $149,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/14/2023
|
2 Bed
|
2 Bath
|
-
|
$182,000
2 Bed
2 Bath
|
-
-
|
Jean Schmaus
Garden City Realty, Inc
| |
|
01/06/2023
|
1 Bed
|
1 Bath
|
-
|
$164,900
1 Bed
1 Bath
|
-
-
|
Diana Van Pelt
Realty ONE Group Dockside
| |
|
10/27/2022
|
1 Bed
|
1 Bath
|
-
|
$157,900
1 Bed
1 Bath
|
-
-
|
Pamela Dobis
Shoreline Realty
| |
|
08/12/2022
|
1 Bed
|
1 Bath
|
-
|
$114,900
1 Bed
1 Bath
|
$115,000
+0.09%
09/19/2022
|
Blake Sloan
Sloan Realty Group
| |
|
10/18/2022
|
2 Bed
|
2 Bath
|
-
|
$179,000
2 Bed
2 Bath
|
-
-
|
Jean Schmaus
Garden City Realty, Inc
| |
|
02/16/2022
|
1 Bed
|
1 Bath
|
-
|
$120,000
1 Bed
1 Bath
|
-
-
|
The Mills Group
Century 21 Barefoot Realty
| |
|
07/12/2022
|
2 Bed
|
2 Bath
|
-
|
$110,000
2 Bed
2 Bath
|
-
-
|
Heather Sabin
Realty ONE Group DocksideSouth
| |
|
06/03/2022
|
Studio
|
1 Bath
|
-
|
$114,000
Studio
1 Bath
|
-
-
|
Isaac Larrowe
Real Estate Modo Inc
| |
|
02/23/2022
|
Studio
|
1 Bath
|
-
|
$75,000
Studio
1 Bath
|
-
-
|
Jean Schmaus
Garden City Realty, Inc
| |
|
12/12/2021
|
1 Bed
|
1 Bath
|
-
|
$109,500
1 Bed
1 Bath
|
-
-
|
Bob Zeller Jr
RE/MAX Southern Shores GC
| |
|
12/12/2021
|
Studio
|
1 Bath
|
-
|
$73,000
Studio
1 Bath
|
-
-
|
Bob Zeller Jr
RE/MAX Southern Shores GC
| |
|
10/21/2021
|
1 Bed
|
1 Bath
|
-
|
$119,900
1 Bed
1 Bath
|
-
-
|
Bob Zeller Jr
RE/MAX Southern Shores GC
| |
|
10/20/2021
|
1 Bed
|
2 Bath
|
-
|
$131,929
1 Bed
2 Bath
|
-
-
|
Linda Dixon
Associated Pearl Real Estate
| |
|
05/20/2021
|
1 Bed
|
1 Bath
|
-
|
$95,000
1 Bed
1 Bath
|
$94,000
-1.05%
07/16/2021
|
Kevin Mills
Century 21 Barefoot Realty
| |
|
10/01/2020
|
1 Bed
|
1 Bath
|
-
|
$79,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/19/2020
|
1 Bed
|
1 Bath
|
-
|
$77,900
1 Bed
1 Bath
|
$78,000
+0.13%
11/20/2020
|
Irene Hu
| |
|
05/03/2020
|
1 Bed
|
1 Bath
|
-
|
$79,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
02/17/2020
|
1 Bed
|
1 Bath
|
-
|
$74,000
1 Bed
1 Bath
|
$75,000
+1.35%
04/09/2020
|
The Abe Safa Sales Team
| |
|
01/17/2020
|
1 Bed
|
1 Bath
|
-
|
$82,500
1 Bed
1 Bath
|
$75,000
-9.09%
05/11/2020
|
Denise Farley
| |
|
05/25/2019
|
Studio
|
1 Bath
|
-
|
$52,000
Studio
1 Bath
|
-
-
|
-
| |
|
08/08/2018
|
1 Bed
|
2 Bath
|
-
|
-
1 Bed
2 Bath
|
-
-
|
-
| |
|
05/16/2018
|
1 Bed
|
1 Bath
|
-
|
$63,900
1 Bed
1 Bath
|
$60,000
-6.10%
08/28/2018
|
Ken Harbin
| |
|
09/02/2017
| |
1 Bed
|
2 Bath
|
-
|
-
1 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017