22 Colonial Drive
About This Property
Partial unfinished basement gives you additional space to create a home office, gym, or rec room. A standby 24 kW Generac generator ensures peace of mind and keeps the home running during power outages. The large, fenced-in backyard is private and ready for summer BBQs, pets, or your dream garden.
Fantastic location - just minutes from the lake, shopping, restaurants, and all major transportation routes. Whether you're looking to build equity or invest in a high-demand area, this one has endless potential.
Don't miss it your next chapter starts here!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Listed by Roman Balandin Realty LLC | $550,000 | |
| Listed by Roman Balandin Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017