22 Colonial Road
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 |
|---|---|---|---|
| Aug 31, 2015 | Sold | ||
| Sold | |||
| Jun 23, 2015 | Listed by Century 21 North East | $285,000 | |
| Listed by Century 21 North East | |||
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Well maintained ranch in desirable Gardner Park area of Peabody. This home features a large eat in kitchen, recently retiled with upgraded countertops that leads to enclosed four season porch. Other features include good size master with two large closets and two other good sized bedrooms with good closet space. Improvements include new roof (2014), new windows (2013), new electric (2010), refinished floors with many more updates. The large basement has plenty of potential for new owners who seek additional living space and the fenced in backyard provides great outdoor space. Showings to start at first open house June 28th from 11am-1pm.
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| Jun 1, 2011 | Sold | ||
| Sold | |||
| Mar 23, 2011 | Listed by Century 21 N. Shore | $219,900 | |
| Listed by Century 21 N. Shore | |||
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NOT A SHORT SALE OR BANK OWNED! 3 bedroom ranch in Gardner Park. House is being sold as is, needs updating, but is a great starter home with lots of possibilities and nice yard.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017