21 Colgate Drive
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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 |
|---|---|---|---|
| Jun 29, 2020 | Sold | ||
| Sold | |||
| Jan 16, 2020 | Listed by Compass | $699,000 | |
| Listed by Compass | |||
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Your search for the ultimate home at Rancho Mirage's exclusive guard-gated golf course community of The Springs will end at this stylishly remodeled and upgraded residence. Showcasing the attributes of the popular detached St. Andrews floorplan, the single-level arrangement extends approximately 2,765 square feet and welcomes guests into a gated entry courtyard with refinished pool and spa and new Pebble Tec decking. Indoors, a free-flowing vibe and on-trend fixtures and finishes complement living areas that include a grand living room with fireplace and large windows framing pool views, a family room with walk-in wet bar, and an upgraded kitchen with white cabinetry, quartz countertops with a waterfall edge and breakfast bar, a bay window and stainless steel appliances. Three bedrooms and three fully remodeled baths are featured, with both secondary bedrooms opening to an atrium. The master suite hosts a private patio, walk-in closet, floor-to-ceiling sliding glass door, and a custom bath with stand-alone tub and rain shower. Enviable additions throughout the residence are led by quartz countertops, all-new flooring and paint, and wood and opaque-glass interior doors.
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| Sep 29, 2019 | No longer available | - | |
| No longer available | |||
| Sep 18, 2019 | Relisted | $459,900 | |
| Relisted | |||
| Sep 6, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017