3105 Colony Drive
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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 |
|---|---|---|---|
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | Listed by Red Diamond Realty | $299,900 | |
| Listed by Red Diamond Realty | |||
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Motivated sellers!!!! This home is a stunning 2-story home with beautiful curb appeal in Bay Colony. This spacious 3-bedroom, 2-bathroom home boasts 2340 sqft of living space and includes a game room for added entertainment. With all bedrooms upstairs, privacy is ensured. The property features a 2-car garage and enjoys the advantage of no back neighbors. The air conditioning unit is only 3 years old, while the carpet has been recently replaced, ensuring a fresh feel. Notably, THIS HOME REMAINED UNHARMED BY HURRICANE HARVEY!!
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| Jun 26, 2023 | No longer available | - | |
| No longer available | |||
| May 21, 2023 | Listed by NextHome, Inc | $340,000 | |
| Listed by NextHome, Inc | |||
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Beautiful curb appeal in the highly sought out after Bay Colony. Backyard has newly updated covered patio so you won't get wet while relaxing or bbq'ing! Conveniently located to Hwy 45 with lots of restaurants and shopping nearby! 3 bedrooms, 2 1/2 baths with 2 car attached garage. All bedrooms and game room is upstairs. The kitchen is open to the breakfast area and living room. No Back neighbors as property backs up to Magnolia Bayou. The manager has listed the unit size as 2340 square feet.
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| Jun 28, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017