2 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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by KW Vermont - Barre | $475,000 | |
| Listed by KW Vermont - Barre | |||
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Enter this charming mid-century home from the generously sized two car garage into the main floor laundry and mud room, follow the recently refinished hardwood floors past the bedrooms and into the main living area where the living room opens into dining area and kitchen. There are no shortage of windows here, brightening even the darkest of winter days. This home offers a private en-suite bedroom with 3/4 bath above the garage; or if you don't need that much space, you can convert it to a rentable studio apartment. There are three bathrooms in the home, one has a newly installed accessible bathtub/ shower combo that everyone will enjoy. The large 2-car garage has extra space for storage or a small workshop and a door to the back yard for easy gardening access. In the lower level, you have a carpeted den or playroom with built in shelving and a separated utility room where you will find a new furnace, additional laundry hook up, and no damp basement issues! Outside, enjoy the refinished deck with pergola, perennials just waiting for spring to show their stuff, and enough open yard to play in. Open house on Saturday 2/17 from 10-12.
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| Jan 20, 2021 | Sold | ||
| Sold | |||
| Oct 2, 2020 | Listed by Coldwell Banker Classic Properties | $283,000 | |
| Listed by Coldwell Banker Classic Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017