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4617 Colonial Avenue
About This Property
Inside, you'll find a welcoming layout with spacious living and dining areas, an updated kitchen with abundant cabinetry and counter space, and comfortable bedrooms. Thoughtfully designed accessibility features include wheelchair ramps at both the front and back entrances, as well as grab bars and railings in the bathrooms and showers, providing added safety and ease of mobility.
Outside, enjoy a generously sized backyard with plenty of room for entertaining, gardening, or pets. Whether you're looking for your first home, downsizing, or seeking a home with accessibility features already in place, this property offers comfort, convenience, and practicality in one package.
Don't miss your opportunity to make this move-in ready home yours!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017