46 Nicholas Drive
About This Property
Run don't walk and come see the home you've been waiting for! This charming 3 bedroom 1.5 bath house has everything you need! Updated kitchen with a spacious dining room. Beautiful 3 season room that's just perfect for relaxing or entertaining. Located in the highly sought after village of Colonie in the South Colonie school district. Great taxes and an even better neighborhood! This wont last long! Make your appointment today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by Double Diamond Estates, LLC | $330,000 | |
| Listed by Double Diamond Estates, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017