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2721 Coldspring Road
About This Property
Set back from the street, the home features a long private driveway accommodating 8–10 vehicles, in addition to a two-car garage-a rare and valuable amenity in the area.
Inside, the first floor is thoughtfully designed for both everyday living and extended family needs. A spacious living room flows seamlessly into the formal dining area, creating an inviting atmosphere for gatherings and entertaining. The main level also includes a fully ADA-compliant bedroom with an en-suite bathroom, providing comfort and accessibility. An additional room on this floor offers flexibility as a potential fifth bedroom, home office, or den. There also consists of a sunroom off the kitchen (not shown in photos or floor plan)
Upstairs, you'll find three well-proportioned bedrooms and a full bathroom, along with a full finished walk-up attic, perfect for additional living space, a recreation room, or abundant storage.
The full finished basement adds tremendous value, offering expansive open space with the potential to section off multiple bedrooms, create a media room, gym, or guest quarters-tailored to suit your needs.
With its generous lot size, extensive parking, adaptable layout, and prime Bayswater location, this Colonial home presents a unique opportunity for comfortable multi-generational living or investment potential.
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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 |
|---|---|---|---|
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Jul 21, 2026 | Price Decreased |
$779,999
↓ $20K
(2.5%) | |
| Price Decreased | |||
| May 24, 2026 | Price Decreased |
$799,999
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Apr 30, 2026 | Price Decreased |
$829,999
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Apr 4, 2026 | Price Decreased |
$849,999
↓ $50K
(5.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017