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2483 Colony Drive
About This Property
This space is ideal for both daily living and entertaining. So much love and good cheer has gone into this home over the years. These sellers are the second owners, having bought it as a 2-year-old home in 1974. They raised generations here and in this neighborhood, put in the magnificent, generously-sized pool in the 1980s, and maintained the property meticulously throughout. Additionally, a brand-new standing seam metal roof was installed in 2023, adding to the home's modern appeal and long-term value.
The private, fenced pool oasis out back is a rare find at this price and location in the current market. The pool area, screened for your comfort, invites both relaxation and lively gatherings.
The one-car attached garage provides practical convenience with ample parking and extra storage. This home is ready now to provide you with your ultimate comfort and convenience. Don't miss the chance to see 2483 Colony Dr. in person. Schedule your exclusive showing today!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017