2717 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%.
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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Listed by Real Broker NY LLC | $695,000 | |
| Listed by Real Broker NY LLC | |||
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Discover your dream home in the desirable "The Reserve" neighborhood of New Windsor! This beautiful 4-bedroom, 2.5-bathroom colonial offers comfortable living in a picturesque setting, complete with sidewalks and streetlights, and within the highly-regarded Cornwall school district.
Key Features:
Spacious Living: Enjoy ample room for family and guests with a thoughtfully designed layout.
Modern Kitchen: The eat-in kitchen features stainless steel appliances and seamlessly flows into the inviting family room, perfect for casual gatherings.
Elegant Formal Dining: Host memorable dinners in the formal dining room.
Comfortable Living Room: A dedicated living room provides a relaxing space.
Primary Suite: Retreat to the primary ensuite, offering a private sanctuary.
Three Additional Bedrooms: Three standard bedrooms provide comfortable accommodations.
Finished Basement Potential: Expand your living space by finishing the full, walk-out basement with 8-foot ceilings.
Outdoor Entertainment: Entertain in style with an inground pool for summer fun and a cozy fireplace for chilly evenings.
Private Yard: Enjoy a level, fenced backyard, perfect for outdoor activities.
Attached Garage: A pristine 2-car attached garage offers convenient parking and storage.
Neighborhood Amenities: Take advantage of the neighborhood's sidewalks and streetlights, and enjoy a short 5-minute walk to the town park and athletic fields.
This well-maintained home offers the perfect blend of comfort, style, and convenience in a welcoming community. Don't miss the opportunity to make this your forever home!
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| Dec 15, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | Relisted | $599,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017