4717 Colmar DR
About This Property
Located in a thriving Manor community just a short drive to Austin, you'll enjoy quick access to major highways and tech hubs. Nearby neighborhoods offer parks, trails, pools, and recreational amenities that create an active, connected lifestyle. With new growth, shopping, and dining close by, this home delivers both convenience and long-term value.
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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 |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$388,000
↓ $9K
(2.1%) | |
| Price Decreased | |||
| Jun 25, 2026 | Price Decreased |
$396,500
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Apr 27, 2026 | Price Decreased |
$399,900
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by Realty of America, LLC | $415,000 | |
| Listed by Realty of America, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017