47 Colburn Rd
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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Rutledge Properties | $1,499,000 | |
| Listed by Rutledge Properties | |||
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This charming 1928 Cape features spacious rooms, high ceilings, and beautiful hardwood floors throughout the first and second floors, perfect for both comfortable living and entertaining. The thoughtfully landscaped yard offers privacy, with a scenic path leading to a shaded patio and garden. The living room, with its cozy fireplace and French pocket doors, opens to a bright family room with a wall of windows that brings the outdoors in. The kitchen includes granite counters, stainless appliances, newly installed hardwood floor, and leads to an adjoining office. A large dining room, mudroom, and half bath complete the first floor. Upstairs, the master bedroom has 2 walk-in closets and a full bath with a jetted tub. The second and adjoining third bedroom or office share a hall bath. Two finished lower-level rooms provide additional living or play space. With a two-car garage and an ideal location near Brown Field, train stations, and local shops, this home is a true gem.
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| Jun 12, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by Rutledge Properties | $990,000 | |
| Listed by Rutledge Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017