2310 Colony Drive
About This Property
BUYER HAD COLD FEET!
This charming 3/2 home sits in Colony West, A quiet, cared for neighborhood, with many original owners and families.
There is a large fenced-in back yard complete with screened-in porch, a nice evening retreat from busy work days.
No HOA! There is room on the side of the house to park a small toy, or the option to remove a portion of the gate to park a much larger one! No restrictions means the home can become a vacation rental!
Tile throughout, Galley Kitchen, Indoor Laundry and a 1 car garage.
Centrally located, with easy access to I-95 & US-1. 10 minutes from everything. 10 minutes from Canova Beach, Wickham Park, Melbourne Square Mall and I-95.
Near Elementary, Secondary schools and Colleges.
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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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jan 4, 2022 | Listed by RE/MAX Aerospace Realty | $259,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| Apr 25, 2020 | No longer available | - | |
| No longer available | |||
| Apr 3, 2020 | Listed | $200,000 | |
| Listed | |||
| | |||
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This charming 3/2 home sits in Colony West, A quiet, cared for neighborhood, with many original owners and families. There is a large fenced-in back yard complete with screened-in porch, a nice evening retreat from busy work daysCentrally located, with easy access to I-95 & US-1. 10 minutes from everything. 10 minutes from Canova Beach, Wickham Park, Melbourne Square Mall and I-95. Near Johnson Middle School and walking distance from Croton Elementary. The manager has listed the unit size as 1176 square feet.
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| Mar 20, 2020 | Sold | ||
| Sold | |||
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About Colony West
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Last Updated: 2 years ago
Data Source: Space Coast MLS, MLS# 923733
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017