2726 Colonial Drive
About This Property
Upstair is host to the huge primary suite with a second fireplace, two walk in closets and a spa like bath with a jetted tub and bidet. Three additional bedrooms and a full bath make up the second floor. Outside is your dream-come true backyard. Fully fenced in with two gates and framed with mature greenery for privacy is a 16x32 mountain lake heated inground pool with a bubble slide. The oversized patio area offers plenty of room for outdoor cooking, dining and lounging. Enjoy the hot tub while stargazing on chilly nights. There is a side yard as well for your own designs. Some finer points include smart lighting, thermostats and sprinkler system, newer garage doors, 2 hvac systems, two fireplaces, updated bathrooms, chandelier with auto lift, vinyl fencing, wood closet organizers in bedrooms, full unfinished basement for storage, outdoor SONOS surround system, an expanded driveway with stone pillars, natural gas, town water and sewer and more. A complete list is available upon request.
This is a commuters dream with easy access to major highways, West Point and train station. Minutes from shopping, dining,farm markets, wineries, hiking and entertainment.
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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 |
|---|---|---|---|
| Oct 9, 2026 | In contract | - | |
| In contract | |||
| Sep 14, 2026 | Listed by Howard Hanna Rand Realty | $718,000 | |
| Listed by Howard Hanna Rand Realty | |||
| Nov 19, 2020 | Sold | ||
| Sold | |||
| Oct 13, 2020 | Sold | ||
| Sold | |||
| Jul 20, 2020 | Listed by Howard Hanna Rand Realty | $465,000 | |
| Listed by Howard Hanna Rand Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017