38 Old Colony Dr
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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by Gibson Sotheby's International Realty | $595,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Step inside this beautifully renovated 4-bedroom, 2-bath home that perfectly blends classic charm with modern comfort. The all-new kitchen features white cabinetry, sleek countertops, and stainless steel appliances, opening seamlessly to the dining and living areas for easy everyday living and entertaining. Two first-floor bedrooms offer convenience and flexibility—ideal for guests, a home office, or one-level living. Upstairs, you'll find two oversized bedrooms with vaulted ceilings and exposed beams, creating bright, airy spaces filled with character. Both bathrooms have been tastefully updated with contemporary finishes, and the home's fresh décor reflects a perfect balance of warmth and sophistication. Outside, enjoy a level backyard ideal for play or relaxation, along with a new walkway and patio that expand your outdoor living area. The property also includes a large shed for extra storage or a workshop. A brand-new septic system provides peace of mind for years to come.
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| Jun 8, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by Today Real Estate, Inc. | $475,000 | |
| Listed by Today Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017