29 Colonial Drive
About This Property
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Cap Rate Calculator
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 25, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by BHG Masiello Keene | $265,000 | |
| Listed by BHG Masiello Keene | |||
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You will absolutely fall in love with this sweet, well maintained home! Three bedrooms, two bathrooms, a partially finished basement, manicured lawn with beautiful gardens and even a Koi fishpond! Stainless appliances, open concept design and so much more! A recent architectural shingle roof, vinyl siding, two new bathrooms, generator hookup, central vac, and more updates throughout will ensure that you'll enjoy your home instead of repairing it. Also get to choose the convenience of a car port or a comfy lanai. And we're including a ONE YEAR HOME WARRANTY to back it up! This is a must see home in a wonderful location. Open House on Sunday March 27th 12-2pm.
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| Aug 1, 2016 | Sold | ||
| Sold | |||
| Jun 8, 2016 | Listed by BHG Masiello Keene | $168,500 | |
| Listed by BHG Masiello Keene | |||
| Apr 16, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017