4114 Colgate Lane
About This Property
The updates continue throughout the home with all-new laminate flooring, fresh interior paint, recessed lights & decorative lighting fixtures carefully selected for a clean, cohesive look. Laundry room makes a statement with eye-catching checkered tile flooring that adds an elevated designer touch to an otherwise everyday space. Both bathrooms have been completely refreshed with new tile, vanities, fixtures, lighting, and modern finishes.
The transformation carries outside with a crisp white-and-iron ore exterior, oversized picture window, modern exterior lighting, and refreshed landscaping creating standout curb appeal. A generous-size backyard shaded by mature trees completes the property. UThis home offers the look and feel of something new while keeping the setting of an established Garland neighborhood, with convenient access to shopping, dining and major highways.
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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 |
|---|---|---|---|
| Nov 2, 2026 | Sold | ||
| Sold | |||
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Sep 24, 2026 | Listed by Onyx Legacy Realty LLC | $299,999 | |
| Listed by Onyx Legacy Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017