246 Colwell Dr
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 21, 2024 | Sold | ||
| Sold | |||
| May 6, 2024 | Listed by Boston Connect Real Estate | $789,000 | |
| Listed by Boston Connect Real Estate | |||
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Welcome home! This charming raised ranch is located in the coveted Greenlodge neighborhood of Dedham. The main level features beautiful hardwood floors, three bedrooms, a lovely living room with a brick fireplace, and a dining room with custom built-ins. You will fall in love with the huge, light-filled great room that opens onto a large deck, giving you easy access to a sizable, private, flat backyard perfect for outdoor fun such as sports, barbecues, and more. The lower level has a cozy den that can easily be converted into a fourth bedroom, a spacious bonus/flex room ready for shooting some pool, a large laundry/utility room and half bath. The house also boasts abundant storage/closet space and a workshop. It is conveniently located with quick access to major highways, Legacy Place shopping and dining, University Ave Commuter Rail T Station and Dedham Square with its history and charm. With some easy updates, you can make this your dream home and enjoy summer in style!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017