3910 Colorado Avenue
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 |
|---|---|---|---|
| Jan 4, 2024 | Sold | ||
| Sold | |||
| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
| Dec 3, 2023 | Listed by Berkshire Hathaway Home Services Ysu | $650,000 | |
| Listed by Berkshire Hathaway Home Services Ysu | |||
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The seller has accepted an offer; however, is receiving back-up offers. Please continue to show. If you appreciate tree-lined streets with sidewalks bordering large lots, you will enjoy this lovely, established neighborhood where every season is beautiful! Come home to comfort & relax in the large family room with all the amenities for enjoyment: expansive windows, built-in bookshelves, and brick fireplace, & easily step out to enjoy leisure activities out-of-doors. Eat-in-Kitchen with bay window offers two built-in ovens and a work desk. Huge primary bedroom (13.8 x 18.8) with a walk-in dressing room & closet, double sinks & large vanity. The back staircase leads to a bonus room large enough for a pool table yet can be compartmentalized to add additional bedrooms or freely use your imagination to create the best vision for you. Laundry upstairs and downstairs! Fenced, private backyard! Minutes away from I-40, 15-501, RTP, & international airport (RDU). Easy access to adjacent cities The manager has listed the unit size as 3115 square feet.
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| Oct 20, 2023 | Listed by Berkshire Hathaway HomeService | $650,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017