44 Colonial Dr
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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed | $699,000 | |
| Listed | |||
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Offer deadline Monday 5/18 at 5 pm. Welcome to 44 Colonial Dr – a beautifully updated home in a quiet Tewksbury neighborhood! Nearly every room has been thoughtfully renovated: fresh paint, new ceiling lights, updated outlets/switches, blinds, and more. The kitchen shines with under-cabinet lighting and updated fixtures, while the solarium offers a bright, relaxing space with a new storm door. Upstairs bathroom features a new sliding door, fan, faucet, linen closet, and accessories. The spacious living and dining rooms are move-in ready, and the basement includes a refreshed laundry zone and painted bath. Enjoy the outdoors on your brand-new 20x20 deck with lighting and stairs. Exterior upgrades include new gutters, cameras, mailbox, and shed removal. Bonus features: EV charger in garage, remodeled garage walls, and modern thermostats. A perfect blend of style and function—this home is ready for its next chapter!
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| Feb 7, 2024 | Sold | ||
| Sold | |||
| Jan 10, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017