38 Colony Road
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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed by Lamacchia Realty, Inc. | $419,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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***OFFERS DUE MONDAY 2/10 @ 5PM. PLEASE ALLOW 24 HR SELLER REVIEW*** Single level living and conveniently located just minutes from Route 2, this charming 3-bed, 2-bath home offers tranquility + easy access to everyday essentials. A welcoming living room, w/ a large picture window bathes the space in natural light, and a stunning brick fireplace with a pellet stove adds warmth and character. Beautiful granite kitchen boasts a cozy dining area, while the spacious primary bedroom is complemented by two additional very good size bedrooms + a full bath. Lower level offers 2 generously sized finished bonus rooms providing additional living space for a playroom, home office, family room or a even fitness area. A second full bathroom and a laundry area complete this level. Outside, the expansive backyard is ideal for entertaining, featuring a composite deck, carport, and plenty of space for outdoor activities. Wachusett Mountain Ski Area, and Crocker Pond Recreation Area close by!
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| May 15, 2018 | Sold | ||
| Sold | |||
| Mar 20, 2018 | Listed by Lamacchia Realty, Inc. | $249,900 | |
| Listed by Lamacchia Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017