39 Colonial Row Drive #39
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%.
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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 |
|---|---|---|---|
| Mar 13, 2024 | No longer available | - | |
| No longer available | |||
| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Dec 13, 2023 | Listed by eXp Realty LLC | $925,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Incredible location! Move-in ready townhome with serene water views in East Shore! Walk to restaurants and shops along the Waterway, launch your kayaks and paddle boards on Lake Woodlands, and enjoy the clubhouse with pool and fitness center. Neutral paint and abundant windows make this home light and airy. Large guest bedroom with walk-in closet and beautiful bath on the first floor. 2nd floor main living features an open concept living room, a balcony with calming water views and adjacent dining room, with stunning hardwood flooring and crown moulding. The sleek kitchen with stainless steel appliances (fridge included), gas cooktop, granite counters and pantry overlooks a sunny breakfast nook. Primary suite, utility room and 3rd bedroom on the 3rd floor. 4th floor game room would make a great home office! Two car attached garage too!
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| Oct 13, 2023 | Listed by RE/MAX The Woodlands & Spring | $975,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2024
| |
3 Bed
|
4 Bath
|
3154 ft²
|
$875,000
3 Bed
4 Bath
3154 ft²
|
$855,000
-2.29%
04/30/2024
|
Beth Ferester
CORCORAN FERESTER REALTY
|
|
10/13/2023
|
3 Bed
|
4 Bath
|
3154 ft²
|
$975,000
3 Bed
4 Bath
3154 ft²
|
-
-
|
Michael Seder
RE/MAX The Woodlands & Spring
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017