3 Colonial Rd
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 25, 2014 | Sold | ||
| Sold | |||
| Sep 25, 2014 | Listed by Gallagher Real Estate | $199,000 | |
| Listed by Gallagher Real Estate | |||
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Lovely saltbox colonial in desirable Colonial Acres neighborhood. The updated kitchen features maple cabinets, wide floor boards, and stainless steel appliances. The kitchen is open to the Family Room, with cathedral ceiling, giving an open feeling to the home. Step out the atrium door to the deck in a nice sized back yard with shed. There is a 1/2 bath located conveniently off family room close to the deck entrance. The living room is front to back with a fireplace for those chilly nights. The dining room is bright and cheery overlooking the back yard. Threre are 2 spacious bedrooms on the second floor and the full bath. The basement has a fireplace and is perfect for a rec room. Offer is subject to third party lender approval and seller's acceptance of written approval terms. Best and highest offers to be reviewed 5 days from 6/16/2014. Sold "as is". All offers must include the attached "Offer Addendum".
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| Mar 31, 2006 | Sold | ||
| Sold | |||
| Feb 8, 2006 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $293,900 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
| Aug 21, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017