3 Colonial St
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%.
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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Listed by RE/MAX Beacon | $438,000 | |
| Listed by RE/MAX Beacon | |||
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This 2 bedroom, 2.5 bath home has great potential.Three finished levels now laid out as a single family.The lower level has a family room, half bath, laundry area and utility room. The first level has an open living area consisting of a kitchen, dining area and living room with bay window - plus there's access to a three season room and a deck overlooking the yard.The top floor has two generous bedrooms and a small room perfect for an office or craft room.There's a roomy shed and plenty of fenced yard for pets.Closing must be prior to October 15, 2024.This property has the potential to be two units. The home needs repair and renovation but can be turned back to the comfortable, roomy home it once was. Be the one to bring it back to life. For commuters, the MBTA staton is just over a 1/2 mile away and Gloucester Boulevard is just under a mile.Open Houses August 28, 4-5:30 pm, August 29, 2024 10:00-11:30 and August 31, 2024 2:30-4:00.Offers due 5 pm 9/3/2024. Give 48 hrs for response
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| Jul 14, 1978 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017