38 Colonial Drive
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 11, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
| Dec 29, 2025 | Listed by Century 21 North East | $579,900 | |
| Listed by Century 21 North East | |||
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Beautifully modernized 1780 antique Colonial blending historic charm with updates. This 2-bedroom, 1.5-bath has it all. The 1st floor features an upgraded kitchen with stainless steel appliances, roomy living room with a wood burning fireplace and built in shelving from the original wood floors, a spacious dining room, half bath and a mudroom with driveway access. The second floor has vaulted ceilings and skylights throughout and offers 2 bedrooms and a modern bath with walk-in shower. Enjoy a private fenced yard with 18×11 grapevine covered pergola and patio, oversized driveway, 16×12 storage shed, newer roof and siding, and transferable solar panels. Quiet side street location close to all Dedham amenities. No showings until the first open house, Offers due Tuesday at 3pm.
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| Jun 21, 2021 | Sold | ||
| Sold | |||
| Apr 27, 2021 | Listed by William Raveis R. E. & Home Services | $479,999 | |
| Listed by William Raveis R. E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017