237 Colonial Drive
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Cap Rate Calculator
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 13, 2023 | Sold | ||
| Sold | |||
| Jan 9, 2023 | Listed by Alison McCullough Real Estate | $367,500 | |
| Listed by Alison McCullough Real Estate | |||
| | |||
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Location, location, location! Must see well-constructed, hillside ranch home located in Rutland Town. This home is Move-In ready, with full walk-out lower level for multi-use and newly renovated bath, the main level has 2 baths and 3 generously sized bedrooms, first floor laundry, birch hardwood flooring throughout and lots of great light. This location offers a very peaceful lifestyle but yet affords you to be only minutes from all local services, skiing, hiking trails and boating. The neighborhood is a great area to walk your pet , sit on your lovely covered front porch, enjoy cooking on your private back deck area located directly off the kitchen or simply enjoy the the beautiful recently landscaped, sunny, manicured front & side lawn with many larger trees having been recently removed to offer additional sunlight for continued growth of all new plantings. Sunrise awakens the freshly painted, generous formal living room with fireplace along with a freshly painted formal Dining room, lovely bay window and easy access into the updated kitchen with island surrounded by granite countertops, duel pantry closets, easy garage access through a beautiful brand new automatic garage door when you bring in groceries on those snowy or rainy days, stainless steel appliances and easy walk out onto the secluded upper deck area for a barbecue, relaxation or entertaining while enjoying the beauty of the private treelined backyard and lawn. Delayed showings begin January 11, 2023
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| Apr 29, 2022 | Listed by Alison McCullough Real Estate | $330,000 | |
| Listed by Alison McCullough Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017