4604 Colonial 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 2, 2024 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | Price Decreased |
$360,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Oct 14, 2023 | Price Decreased |
$370,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Sep 21, 2023 | Listed by Rogers Healy and Associates | $385,000 | |
| Listed by Rogers Healy and Associates | |||
| | |||
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New Construction home just minutes from Downtown Dallas, Fair Park, and Bishop Arts. This home boasts an oversized primary suite, 3 large guest bedrooms, an office, and an open floor plan with amazing modern finishes throughout. Walking into the home you are greeted with an open floor plan with ample amounts of space to entertain guest, dinner parties, and host football watch parties. The kitchen boasts a large island with stainless steel appliances, breakfast nook, and dining space. The downstairs primary is secluded creating ultimate privacy away from the home with a large vaulted ceiling, modern bathroom, and large walk in closet. Upstairs you are greeted with a loft area, office space, and 3 over sized bedrooms perfect for a young family or guest bedrooms. The large backyard is perfect to run around and hang out on your covered patio after a long day at work. The location is so great being just minutes away from everything Dallas has to offer. The manager has listed the unit size as 2050 square feet.
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| Sep 9, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Southeast Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14725363
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017