2418 Colonial Lane
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 |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | Listed by Mindset Real Estate | $480,000 | |
| Listed by Mindset Real Estate | |||
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MOTIVATED SELLERS! Welcome home to this modern and cozy gem of a home nestled in the beautiful city of Midlothian! Upon walking in, you will be greeted with landscaping that any gardener will love. The front entry is with natural light, a 12 ft ceiling, and an extended spacious hallway that leads past the game room with French doors. The living room features a wall of tall windows and a wood mantel fireplace. The open island kitchen with built in seating space is perfect for entertaining. The primary bedroom features a 12 ft ceiling, dual vanities, garden tub, and a separate glass- enclosed shower and two walk-in closets. The home has generous sized closets throughout. The extended backyard patio is ideal for grilling and entertaining. The home you have been waiting for is finally here! Schedule your showing today!
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| Jan 26, 2025 | No longer available | - | |
| No longer available | |||
| Dec 31, 2024 | Price Decreased |
$488,800
↓ $100
(0%) | |
| Price Decreased | |||
| Dec 28, 2024 | Price Decreased |
$488,900
↓ $100
(0%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017