223 Colburn St
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 |
|---|---|---|---|
| Oct 14, 2016 | Sold | ||
| Sold | |||
| Jul 5, 2016 | Listed by William Raveis R. E. & Home Services | $575,000 | |
| Listed by William Raveis R. E. & Home Services | |||
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Mint condition 11Rm, 5Bd, 2Bth Dedham split-entry with 2 car garage & parking for 6. Two finished levels total approx 3,100sqft. Meticulously maintained. Main level features beautiful hardwood floors, living room w/fireplace & picture window -opens to a large dining room, eat-in-kitchen with ceramic tile floor, new cabinets, stainless steel appliances, granite counters. Family room off the dining room, walk out to deck. 3 good-size bedrooms. The size of the master bath will delight -featuring combination Jacuzzi and shower, marble flooring, double vanity and laundry room, and walk-in closet. Downstairs has an in-law suite with a 2016 kitchen, large bedroom w/walk-in closet, 2nd bedroom/office, large bathroom. Nothing to be done. New roof & windows (2015). Freshly painted, updated electrical, gas heating system (3 zones). Central AC. Picnic-perfect backyard w/sprinkler, gazebo, new fence. Beautiful views of the water!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017