23 Colgate 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 |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | In contract | - | |
| In contract | |||
| Mar 1, 2023 | Listed by Coldwell Banker Realty - Wellesley | $2,950,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
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Located on a quiet cul-de-sac in coveted Dana Hall neighborhood, this stylishly renovated 5 bedroom home is an entertainer's dream. Open floor plan offers a great flow & lovely atmosphere for any size gathering. Custom European style chef's kitchen w/large island opens to the gas-fireplaced family room & a spacious dining room w/bay window. Step-down living room w/gas fireplace & French doors leads to a private, level backyard surrounded by greenery. Den/office w/custom cabinetry opens to 3-season porch & new, spacious deck for ease of entertaining. The 1.2 acres of land w/woodland views & direct access to the Beard Trail and Ridge Hill Reservation make it easy to enjoy nature. Second floor features a primary bedroom suite w/large walk-in closet, sitting area & luxurious bath w/soaking tub & shower, 4 large bedrooms, 2 baths & laundry. Unwind in a custom designed sauna and shower room. Easy 1.3 miles to all that Wellesley center offers-shopping, restaurants, train to Boston and more!
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| Oct 2, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Jul 6, 2022 | Listed by Coldwell Banker Realty - Wellesley | $3,095,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017