214 COLBERT ST
About This Property
Step inside to discover a home that has been tastefully updated throughout, offering a modern and inviting atmosphere. The highlight of the main floor is the oversized kitchen, complete with 42" cabinets and elegant granite countertops. It's a culinary enthusiast's dream, providing plenty of space for meal preparation and entertaining guests. As you explore further, you'll find an amazing yard that has been meticulously landscaped, creating a picturesque outdoor oasis. Whether you desire a space for relaxation or outdoor gatherings, this yard is sure to exceed your expectations. The home also features a partially finished basement, offering additional living space and versatility for various needs. Whether you envision a home theater, a home gym, or a playroom for the little ones, the basement provides the perfect canvas for your personal touch.
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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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | In contract | - | |
| In contract | |||
| Jun 6, 2023 | Price Increased |
$515,000
↑ $20K
(4%) | |
| Price Increased | |||
| May 31, 2023 | Listed by RE/MAX Advantage Realty | $495,000 | |
| Listed by RE/MAX Advantage Realty | |||
| Dec 10, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017