2408 Colgate AVENUE
About This Property
Inside, a spacious living area filled with natural light welcomes you, with stylish, easy-care flooring throughout. The two-toned kitchen is both functional and fabulous, featuring stainless steel appliances, stone countertops, a center island with bar seating, and a sunny dining space for easy entertaining. The primary bedroom is a peaceful retreat with direct access to the pool, a private bath, and ample closet space.
Additional highlights include a versatile sunken room off the living area – ideal as a den, home office, or play area – a carport with an extended driveway to park multiple cars and a boat, and extra storage space in the carport room and hall closets. Plus, a nearby marina is just 2 miles away, ready to accommodate your boat.
Embrace the Florida lifestyle in this vibrant, no-HOA home – your oasis is ready and waiting!
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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 22, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | Relisted | $400,000 | |
| Relisted | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by KELLER WILLIAMS SUBURBAN TAMPA | $400,000 | |
| Listed by KELLER WILLIAMS SUBURBAN TAMPA | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017