2965 Colby Dr
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%.
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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 26, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Listed by eXp Realty LLC | $1,124,900 | |
| Listed by eXp Realty LLC | |||
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Welcome to 2965 Colby Drive - Your Launchpad for the Ultimate Colorado Lifestyle! Located in the sought-after Upper Table Mesa neighborhood, this updated 4-bedroom, 2-bathroom gem combines mid-century charm with a functional, easy-flow layout designed for modern living. Step inside and be greeted by gleaming hardwood floors. Cozy up next to the fireplace on chilly Colorado evenings, or soak in nature from your expansive backyard. The fully fenced yard is perfect for entertaining with a flagstone patio, deck, and mature trees, perfect for weekend BBQs or laid-back evenings with friends. Plus, with updated bathrooms, 3 spacious bedrooms on the upper level and 1 bedroom/office on the lower level, there's nothing to do but move in and enjoy. Need space for your gear? You'll love the attached 1-car garage and two additional sheds-plenty of room for all your outdoor toys. And when it comes to location, it doesn't get better than this. You're just steps from world-class hiking, biking and rock climbing trails, Table Mesa shopping, Whole Foods, Southern Sun, Yoga Pod, the Rec Center, neighborhood parks, and top-rated schools. Love where you live!
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| May 8, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | Listed | $1,095,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017