22 Colonial Ave
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by RE/MAX 360 | $599,900 | |
| Listed by RE/MAX 360 | |||
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Welcome Home to 22 Colonial Ave. Charming Colonial Home, full of character & Craftsman style, nestled on 4500 sq. ft. of level land. Exquisite details abound this 1436 sq. ft. home w/ magnificent LR with gas fireplace. Welcomed by the front sitting porch; through the front door, be welcomed by the beautiful foyer, high ceilings & crown modelings. Sweep left into your magnificent LR, spacious DR, Butler's Pantry & kitchen w/ large island, granite & gas cooking. Past a half bath step out to your perfectly manicured outdoor living w/ seasonal above ground pool with solar heater & fenced yard. An elegant staircase leads you to the 2nd level, w/ 3 large BR's & full bath w/ access from hall or Primary. Bonus basement space potential. Garage, 2018 roof, copper gutters & downspouts, 2017 Frigidaire appliances, 2018 HW, 2013 HE gas furnace, 200 AMP Elec. Walk to Gannon Golf, Lynn Woods, area schools & playground. Perfectly situated just off Lynnfield St., minutes to Rte 1, 95, 128.
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| Aug 14, 2020 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Listed by RE/MAX 360 | $500,000 | |
| Listed by RE/MAX 360 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017