2859 Colgate Drive
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 |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | Listed by Shaffer Realty and Mortgage | $999,000 | |
| Listed by Shaffer Realty and Mortgage | |||
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H U G E Lot - OVER A HALF ACRE! Cul-De-Sac! Paid For Big 38 Panel Solar System! No HOA. One Story! Expanded Driveway For An Extra Car To Be Parked. Very Open Floorplan! Added Extra Family Room With Permits With Big Walk-In Pantry! All New Kitchen and Baths!! Central A/C. All Hard Surface Flooring Throughout - No Carpet! Newly Painted Neutral In Style Color Interior. New Dual Pane Windows and Sliders. Custom Skylights. High Vaulted Ceilings. Shows Light and Bright. Oversized Flagstones Form Upper Patio With Additional Pavers Up To Entry and The Side Yard. New Fencing. A Lot This Large Is Very Rare! Many Possibilities! Fruit Trees Include Lemon, Blood Orange, Passion Fruit, Dwarf Apple plus Rosemary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017