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3414 Colony Drive
About This Property
Enjoy a well-maintained backyard with a patio, perfect for relaxing or entertaining. The home also includes central heating and air conditioning, a 1-car garage, and a finished basement with a separate entrance offering additional space and flexibility.
Conveniently located near shopping, schools, parks, and the Long Island Rail Road, this home is truly a great find!
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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 |
|---|---|---|---|
| Jun 16, 2026 | No longer available | - | |
| No longer available | |||
| May 13, 2026 | Listed by DirectKey Properties LLC | $949,000 | |
| Listed by DirectKey Properties LLC | |||
| May 20, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 24, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 24, 2025 | Listed by Real Broker NY LLC | $899,000 | |
| Listed by Real Broker NY LLC | |||
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Live the Vacation Life All Year Long! Highly Energy Efficient, Well Insulated 4 Bedroom, 2 Bath Expanded Colonial Style Home on the Canal for Waterfront Living! Pristine, Well Maintained and Bright with Large Living Spaces, Excellent Flow for Entertaining and Lots of Natural Light!!. All Stainless Steel Kitchen w/Granite Island, Gas Fireplace in Formal Living Room. French Doors Lead from Family Room to Extra Large Deck overlooking the Canal! 3-20ft. Docks. Excellent Bulkhead. Additional Parking Pad. Parking for 6 Cars &/or Boat. Solar Powered Attic Exhaust Fans. Large, Hi Ceiling, Finished Basement w/Outside Entrance. 220 amp Whole House Manual Generator. 2 Sheds. Sep. Garage/Workshop w/Patio & Built-in Stone BBQ. Was completely reno'd in 2010 + add'l improvements since! Must See!
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About Baldwin Harbor
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017