39 Colgate Drive
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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%.
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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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2023 | No longer available | - | |
| No longer available | |||
| Dec 8, 2023 | Listed by Bennion Deville Homes | $1,539,000 | |
| Listed by Bennion Deville Homes | |||
| Oct 11, 2023 | Listed by Bennion Deville Homes | $1,585,000 | |
| Listed by Bennion Deville Homes | |||
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Behind the gates of The Springs, this gorgeous St. Andrews floor plan has been completely remodeled with a sleek and contemporary design. The chef inspired kitchen features quart countertops with waterfall island, 6 burner range, built-in refrigeration and designer backsplash. The eat in kitchen and morning room are the perfect place to start or end your day and the wet bar with beverage center is a great place to get the party started! Your guests will be wowed by the spacious living room and dining area that overlook the resort-like grounds and gorgeous mountain views. The beautiful pool and spa have Pebble Tec finish, new tile, new paver decking and WiFi compatible equipment. Inside the home, 30 X 30 porcelain tile floors and recessed lighting are throughout. This popular floor plan features a gallery area that looks out onto a private courtyard making it the perfect place for a home office. The primary bath features a fabulous free-standing soaker tub and custom built-in closets. Glass walled showers, quartz and Italian ceramic tile complete the ensuite baths. 44 solar panels cover your electrical needs and the garage is EV ready with ample built-ins and epoxy flooring. Community amenities include a stunning clubhouse, fitness/wellness center, golf, tennis pickle ball courts and 46 community pools. Cable, WiFi and insurance also included.
The Springs is where you belong! The manager has listed the unit size as 2756 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017