3 Colonial Village Dr #4
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 |
|---|---|---|---|
| Nov 5, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2018 | Listed by Leading Edge Real Estate | $199,000 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
Perfect opportunity for a first-time home buyer or investor to get into the hot Arlington market. Great space, fabulous location and all the conveniences of Arlington Heights wrapped up in this condo. Minutes from the Minuteman Bike Path, Reservoir Beach, Public Transportation (77 & 79), Route 2, Trader Joes, Walgreens, shops and restaurants. This unit features an electric fireplace, an open floor plan, three closets, built in shelving, and tile flooring throughout. Heat, hot water, water, sewer, master insurance, snow removal, landscaping and seasonal in-ground pool are included in the condo fee. Intercom system for doorway. The deeded parking space is right out front. Laundry is located in the building along with a private storage locker and bicycle parking outside. Unit is move in ready. Move in and unpack your bags or put this directly on the rental market. Welcome to Arlington!
| |||
| Mar 14, 2014 | Sold | ||
| Sold | |||
| Jan 22, 2014 | Listed by NorthStar Consulting Group, Inc | $139,999 | |
| Listed by NorthStar Consulting Group, Inc | |||
| Jan 30, 2008 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/11/2018
|
1 Bed
|
1 Bath
|
441 ft²
|
$199,000
1 Bed
1 Bath
441 ft²
|
$221,000
+11.06%
11/05/2018
|
Teri Kirkland
Leading Edge Real Estate
| |
|
08/24/2017
|
2 Bed
|
1 Bath
|
647 ft²
|
$289,000
2 Bed
1 Bath
647 ft²
|
$275,000
-4.84%
11/09/2017
|
Cheryl King
MRM Associates
| |
|
01/22/2014
|
1 Bed
|
1 Bath
|
441 ft²
|
$139,999
1 Bed
1 Bath
441 ft²
|
$137,200
-2.00%
03/14/2014
|
John G. Lopes
ERA Jose S. Castelo Real Estate
| |
|
08/13/2012
|
2 Bed
|
1 Bath
|
665 ft²
|
$169,000
2 Bed
1 Bath
665 ft²
|
$159,000
-5.92%
10/01/2012
|
Brian & Diana Segool
Gibson Sotheby's International Realty
| |
|
02/08/2012
|
2 Bed
|
1 Bath
|
643 ft²
|
$89,900
2 Bed
1 Bath
643 ft²
|
$100,000
+11.23%
05/25/2012
|
Kieran Brosnan
Brosnan Realty Group, Inc.
| |
|
06/24/2010
|
2 Bed
|
1 Bath
|
665 ft²
|
$165,000
2 Bed
1 Bath
665 ft²
|
-
-
|
Brian Greeley
Bowes Real Estate Real Living
| |
|
05/24/2008
|
2 Bed
|
1 Bath
|
642 ft²
|
$185,500
2 Bed
1 Bath
642 ft²
|
$176,000
-5.12%
08/27/2008
|
Pierre Boucher
RE/MAX Prof Associates
| |
|
12/06/2007
|
1 Bed
|
1 Bath
|
441 ft²
|
$158,888
1 Bed
1 Bath
441 ft²
|
$160,000
+0.70%
01/30/2008
|
Brian Greeley
Bowes Real Estate Real Living
| |
|
10/20/2002
|
2 Bed
|
1 Bath
|
642 ft²
|
$179,900
2 Bed
1 Bath
642 ft²
|
$177,000
-1.61%
12/13/2002
|
Steven Savarese
Senné
| |
|
08/22/1999
| |
2 Bed
|
2 Bath
|
1218 ft²
|
$305,000
2 Bed
2 Bath
1218 ft²
|
$300,000
-1.64%
10/29/1999
|
Edward Crowley
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017