22518 Colonialgate Drive
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 |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by RE/MAX Universal | $245,000 | |
| Listed by RE/MAX Universal | |||
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Discover the epitome of pride of ownership in this captivating 4-bedroom, 2-bathroom haven nestled in the heart of Spring! Step into a luminous interior adorned with spacious living areas, perfect for hosting gatherings or enjoying intimate evenings in. The kitchen, adorned with luxurious Quartz countertops and ample storage, invites culinary adventures. Retreat to the tranquil bedrooms for ultimate relaxation. Outside, the lush backyard beckons with its serene ambiance, providing the perfect backdrop for outdoor soirees or quiet moments of reflection. Meticulously updated with new windows and a 2021 HVAC system, this home exudes seamless living. Plus, 12,000 Amp propane generator (plug in) with dedicated plug at the breaker box ensures uninterrupted comfort during any outage. With modern conveniences and impeccable maintenance, this gem of a home is poised to enchant its next fortunate owner.
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About Greengate Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017