44 Colonial Ter
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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 12, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2022 | No longer available | - | |
| No longer available | |||
| Oct 19, 2022 | Listed by KELLER WILLIAMS MID-TOWN DIRECT | $498,000 | |
| Listed by KELLER WILLIAMS MID-TOWN DIRECT | |||
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Picture-Perfect well, maintained three bedrooms two full bath colonial nestled in a quaint Springfield neighborhood. NYC transportation is steps away as well as a quiet neighborhood park. The entrance features a den, home office, coat closet that flows nicely to a spacious footprint. The large living room opens to the dining room, Kitchen with wood cabinetry, granite countertops and sliders to the deck. Perfect for entertaining! The second floor is three bedrooms and a large full bathroom. The fully finished basement has an updated full bathroom, laundry room, wet bar, and ample closet space & separate storage room. Perfect for a recreation or game room. Oversized deck overlooks the fenced in property with grassy area and park steps away. Detached garage with plenty of driveway parking. CENTRAL AIR & hardwood floors. The home boasts reasonable taxes with great schools! Easy NYC commute and easy access to all major highways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017