39 Colony Road #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%.
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 |
|---|---|---|---|
| Oct 24, 2008 | Sold | ||
| Sold | |||
| Aug 7, 2008 | Listed by Ginny Teta's R.E. Services | $94,500 | |
| Listed by Ginny Teta's R.E. Services | |||
| Sep 20, 2002 | Sold | ||
| Sold | |||
| Aug 1, 2002 | Listed by Borys & Adams | $52,000 | |
| Listed by Borys & Adams | |||
| | |||
|
TWO BEDROOM, TOWNHOUSE STYLE END UNIT WITH HARDWOOD ON BOTH FLOORS. GREAT SPOT WITH PARKING RIGHT OUTSIDE THE BACK DOOR. WHY PAY RENT? BEST BUY WITH IMMEDIATE OCCUPANCY. FEE INCLUDES HEAT, HOT WATER, AND EXTERIOR MAINTENANCE. ACT NOW!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/07/2008
|
2 Bed
|
1 Bath
|
759 ft²
|
$94,500
2 Bed
1 Bath
759 ft²
|
$94,500
10/24/2008
|
Ginny Teta
Ginny Teta's R.E. Services
| |
|
08/01/2002
|
2 Bed
|
1 Bath
|
759 ft²
|
$52,000
2 Bed
1 Bath
759 ft²
|
$48,000
-7.69%
09/20/2002
|
Cornelius Begley
Borys & Adams
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017