2303 Colonial Drive
About This Property
This unique, well-designed 3-bed 2.5 bath home's quality offerings include keyless entry, hardwood floors, crown molding, double sealed exterior fencing, newer dual-zoned AC (up/down zoning), new hot-water heater, and huge pantry off kitchen.
Master bedroom provides a generous ensuite bathroom with soaker tub, separate shower and f his/hers closet space.
Bonus features include private driveway, fended yard, 2-car garage, bonus room, split bedrooms, 10' ceilings on main and 9' ceilings upstairs, This home has it all! It could be just what you're looking for.
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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 |
|---|---|---|---|
| Jan 18, 2023 | Sold | ||
| Sold | |||
| Dec 2, 2022 | Listed by Suncoast Realty, Inc. | $424,000 | |
| Listed by Suncoast Realty, Inc. | |||
| Jun 13, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Suncoast Realty, Inc. | $400,000 | |
| Listed by Suncoast Realty, Inc. | |||
| Mar 22, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017