307 COLONIAL DR
About This Property
**SHOWINGS WILL BE FROM SAT 5/18 THRU MON 5/20**
Nestled in the sought-after Bankbridge development, this charming 3 bed, 1.5 bath home is a true find.
From the moment you arrive, you'll be captivated by the gorgeous curb appeal, enhanced by immaculate landscaping that sets the tone for this inviting property. Step inside to discover a completely updated interior, where every detail has been meticulously curated. Updated bathrooms, bedrooms, and a modern HVAC system ensure comfort and style throughout the home. Embrace the convenience of Google smart home technology, allowing you to control multiple functions from the palm of your hand. Whether it's adjusting the thermostat or turning on the lights, managing your home has never been easier. Need extra space? A bonus room at the front of the home awaits, currently used as a gym/music studio, offering versatility to suit your lifestyle needs. Enjoy outdoor living at its finest with a screened-in patio, perfect for al fresco dining or relaxing with a book. The fully fenced back yard offers privacy and includes a detached shed and tranquil pond, creating a serene retreat. This home is truly move-in ready, offering a perfect blend of comfort, convenience, and style. Sellers are currently under contract for their new home, with a mid June closing date, settlement can not be prior to that date. Don't miss your chance to make it yours!
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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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Price Increased |
$384,000
↑ $19K
(5.2%) | |
| Price Increased | |||
| May 17, 2024 | Relisted | $365,000 | |
| Relisted | |||
| Apr 28, 2024 | Price Increased |
$400,000
↑ $50K
(14.3%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017