31 Colonial 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%.
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 |
|---|---|---|---|
| Feb 28, 2014 | Sold | ||
| Sold | |||
| Apr 22, 2013 | Listed by RE/MAX One Call Realty | $350,000 | |
| Listed by RE/MAX One Call Realty | |||
| Apr 14, 2009 | Listed | $359,900 | |
| Listed | |||
| | |||
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This is NOT your average raised ranch! Beautifully renovated kitchen with granite counters, first floor laundry, gleaming hardwood floors, fireplaced living room, large fenced yard!Lower level could use some TLC. In-law potential on lower level.
| |||
| Jun 30, 2004 | Sold | ||
| Sold | |||
| Apr 17, 2004 | Listed by RE/MAX One Call Realty | $399,900 | |
| Listed by RE/MAX One Call Realty | |||
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