242 COLONIAL LN
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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | Listed by RE/MAX North-San Antonio | $330,000 | |
| Listed by RE/MAX North-San Antonio | |||
| Jun 17, 2024 | No longer available | - | |
| No longer available | |||
| Dec 20, 2023 | Listed by Hip Wynn Real Estate Group | $316,000 | |
| Listed by Hip Wynn Real Estate Group | |||
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PRICE IMPROVEMENT on this gorgeous new home in the quiet La Vernia neighborhood of Las Palomas. Built by Avenue 16 and completed in 2024. This is a single-story home with everything you need on one floor. The stone and siding exterior is enhanced with an upgraded front door that adds to the exceptional curb appeal. The covered front entry welcomes you into an open floor concept that leads to the secondary bedrooms and a full bathroom. The well-appointed kitchen features designer lighting, center island, and walk-in pantry. The open great room and kitchen allow you to be part of the activity while prepping meals or entertaining. A generous primary bedroom suite provides backyard views and has an attached luxury bath with an oversized shower, dual vanities, linen closet and walk-in closet! Just off the master suite you will also find a large laundry room with great access for each room. Granite counters in kitchen and baths with tiled shower and tub. Don't let this beauty slip away. The manager has listed the unit size as 1505 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017