19 Colonial Rd
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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Relisted | $1,950,000 | |
| Relisted | |||
| Feb 26, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by Compass | $1,950,000 | |
| Listed by Compass | |||
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I am pleased to offer you 19 Colonial Rd. This sprawling Cape style house is constructed in all brick and nestled in the back of a cul-de-sac neighborhood. The property offers an acre of land, a large stone patio, and an in-ground pool. The house just completed an extensive renovation to include a new roof, new central ac system, upgraded electrical, recessed lighting, new hardwood floors, professional landscaping, freshly painted all throughout, new home office, closets upgraded, marble tiled flooring for the foyer, laundry room, and primary bathroom. Enjoy 4 newly updated bathrooms and an updated chef's style kitchen complete with large center island, new stainless steel appliances, and quartz countertops. The house is perfect for entertaining guests or family. Enjoy an impressive finished basement with new flooring, lighting, full bathroom and custom bar area. The town of Dover offers low property tax rates and an excellent school system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017