243 Colonial Drive
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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%.
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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 23, 2023 | Sold | ||
| Sold | |||
| May 6, 2023 | Listed by RE/MAX Tyler | $345,000 | |
| Listed by RE/MAX Tyler | |||
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Enjoy your morning coffee while watching the wildlife from the all seasons room in this 3 bedroom 2 bath cutie on the 8th hole at the Pinnacle in Mabank. This floor plan is perfect for entertaining with oversized living and dining room AND a light and bright kitchen with plenty of room. The owner's suite boasts a door to the patio, 2 closets & a recently renovated ensuite with soaking tub, glass shower & modern sink vanities. 2 guest rooms share a hall bath. The laundry room has a sink, built in cabinets and there's even room for a second fridge or freezer near the pantry. The garage is an oversized 2 car with additional golf cart side complete with shelving to keep you organized. AND DID I MENTION.....it's directly across the street form the park. HOA dues include social membership to enjoy dining and more at the clubhouse. Call for your showing today.
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| Jan 5, 2023 | No longer available | - | |
| No longer available | |||
| Nov 4, 2022 | Listed by RE/MAX Tyler | $390,000 | |
| Listed by RE/MAX Tyler | |||
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NEW ROOF INSTALLED April 2, 2022!! Check out this 3 bedroom 2 bath cutie on the 8th hole @ Pinnacle in Mabank AND directly across the street form the park. This floor plan is perfect for entertaining with oversized living and dining room AND a light and bright kitchen with plenty of room. The owner's suite boasts a door to the patio, 2 closets & a recently renovated ensuite with soaking tub, glass shower & modern sink vanities. 2 guest rooms share a hall bath. The laundry room has a sink, built in cabinets and there's even room for a second fridge or freezer near the pantry. The garage is an oversized2 car with additional golf cart side complete with shelving to keep you organized. HOA dues include social membership to enjoy dining and more at the clubhouse. SELLER WILL PAY UP TO $5000.00 IN CLOSING COSTS WITH ACCEPTABLE OFFER. Call for your showing today. The manager has listed the unit size as 2242 square feet.
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| Sep 14, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017