3716 Colonial Avenue
About This Property
Step inside to an open-concept layout featuring soaring ceilings, custom wood accents, and elegant herringbone flooring that flows seamlessly throughout the main living areas. The spacious living room boasts a show-stopping feature wall with a built-in electric fireplace-perfect for cozy nights or entertaining guests.
The chef's kitchen is truly a masterpiece, showcasing quartz waterfall countertops, sleek European-style cabinetry, designer tile backsplash, and high-end appliances. Pendant lighting and open shelving add a chic touch, making this kitchen as functional as it is beautiful.
Retreat to the private primary suite featuring a spa-like en-suite bath with a freestanding soaking tub, glass-enclosed rain shower, dual vanities, and a spacious walk-in closet with custom built-ins. Three additional bedrooms provide plenty of space for family, guests, or a home office.
Located minutes from Bishop Arts, Downtown Dallas, and major highways, this gem offers both style and convenience in one beautifully renovated package.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017