49719 Colorado Street
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 9, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2023 | Listed by Bennion Deville Homes | $1,420,000 | |
| Listed by Bennion Deville Homes | |||
| Oct 31, 2023 | No longer available | - | |
| No longer available | |||
| Sep 26, 2023 | Price Decreased |
$1,470,000
↓ $25K
(1.7%) | |
| Price Decreased | |||
| Aug 18, 2023 | Listed by Bennion Deville Homes | $1,495,000 | |
| Listed by Bennion Deville Homes | |||
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Welcome to your dream oasis! This exquisite 4000+ sqft. home, nestled on a sprawling half-acre corner lot, offers the ultimate in desert living. The heart of this residence is its reimagined gourmet kitchen, a culinary haven that boasts stainless steel appliances, ample quartz and contrasting quartzite counters, and a convenient layout that's a chef's delight. Picture yourself crafting culinary masterpieces while friends and family gather around the 12' center island, sharing laughter and creating memories that will last a lifetime. The open-concept layout with 12' ceilings seamlessly integrates the living, dining, and kitchen, creating an expansive space that's perfect for both intimate gatherings and lavish soirees. Indulge in the spaciousness of 4 bedrooms and 3.5 bathrooms, which includes a secondary suite with private entrance. There is an additional room (gym) that gives you added flexibility to be a den, office, or bedroom. The 4-car garage provides ample room for your vehicles and storage needs with a section of it enclosed and air conditioned - perfect for a workshop. The RV parking adds an extra layer of convenience for storage of vehicles or a play area. Dive into the crystal-clear waters of your private saltwater pool and unwind in the soothing jacuzzi, surrounded by lush landscaping that exudes tranquility. Imagine hosting gatherings against the backdrop of a setting sun, where memories are made and cherished. PROPERTY HAS JUST APPRAISED AT $1,490,000! The manager has listed the unit size as 4056 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017