475 Colonial Terrace #8
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 2, 2023 | No longer available | - | |
| No longer available | |||
| Oct 30, 2023 | Price Decreased |
$2,500
↓ $150
(5.7%) | |
| Price Decreased | |||
| Oct 19, 2023 | Listed by Keller Williams Village Square Realty | $2,650 | |
| Listed by Keller Williams Village Square Realty | |||
| | |||
|
Sunny 2nd floor corner unit! New kitchen! New stainless steel appliances! New bathroom! New wood floors! Freshly painted! Bright with lots of windows. This is the largest unit in Suburban Terrace (approx 856 sq ft). Primary bedroom will easily fit a king-size bed. Located on Maywood border close to NYC transportation. Parking behind building & laundry in complex. Rent includes heat, hot water, sewer, and parking. Tenant pays utilities. Application,strong credit, interview, 1 mo rent, 1 mo realtor fee, 1.5 mo security required. No pets, please. Well...maybe goldfish:)
| |||
| Sep 18, 2023 | Sold | ||
| Sold | |||
| Aug 2, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/27/2024
|
2 Bed
|
1 Bath
|
-
|
$295,000
2 Bed
1 Bath
|
$295,000
11/27/2024
|
Salvatore Poliandro
RE/MAX Properties-Saddle River
| |
|
05/15/2024
|
2 Bed
|
1 Bath
|
-
|
$267,750
2 Bed
1 Bath
|
$241,000
-9.99%
10/21/2024
|
Patrick Jude Lynch
Friedberg Properties & Associates - Alpine
| |
|
07/13/2023
|
2 Bed
|
1 Bath
|
-
|
$250,000
2 Bed
1 Bath
|
$250,000
09/18/2023
|
Salvatore G. Cozzupoli
Terrie O'Connor Realtors-Allendale
| |
|
06/03/2020
|
2 Bed
|
1 Bath
|
-
|
$219,900
2 Bed
1 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017