261 Colonial Circle
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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Listed by eXp Realty LLC | $269,000 | |
| Listed by eXp Realty LLC | |||
| May 19, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by Fathom Realty LLC | $229,000 | |
| Listed by Fathom Realty LLC | |||
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Have you been looking for an established rental or ideal home for a first time home buyer? You’ve found it! This home is close to downtown Athens but outside of the city limits, so NO city taxes! Walking distance to Coleman Park, easy access to 175 and Loop 7, it’s in a great location! Dining, grocery stores, hospital and other amenities are within a few minutes drive! It has been a very successful rental for the past 2+ years and is now ready for new owners to decide whether to continue the successful rental track record, make it the perfect downsized home or the ideal match for the first time home buyer! This charming home is in the quiet and highly desirable neighborhood of Colonial Circle. It has just over a third of an acre lot, completely fenced with tons of backyard space to set up a garden, a nice open patio for lounging or entertaining. Roof replaced May 2020 and the water heater replaced May 2022. This home is totally move in ready and waiting for its new owners!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017