29 Colby Avenue
About This Property
Landmark Construction products are both stunning and smart. Landmark chooses the highest quality at every stage, including energy efficient products that benefit the buyer. 29 Colby provides 4-zone heating, 3-zone AC, Hydro air system and a Generac generator. Savvy buyers know that the closed-cell spray foam insulation and Navien boiler will provide them with a lifetime of efficient heating and cooling. Sound system with speakers wired for CAT 6. This house has it all, inside and out. Additional Information: ParkingFeatures:1 Car Attached,
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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 |
|---|---|---|---|
| Dec 5, 2017 | Sold | ||
| Sold | |||
| Jun 16, 2017 | Listed by Houlihan Lawrence Inc. | $2,595,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017