5 Colby Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Jul 29, 2025 | Listed by LPT Realty - Lioce Properties Group | $559,900 | |
| Listed by LPT Realty - Lioce Properties Group | |||
| |||
|
Modern updates abound in this beautifully updated, move-in ready split-entry home. Featuring a versatile floor plan ideal for growing families or multi-generational living, this gem offers hardwood floors (2024) in the sun-filled living room, and an updated eat-in kitchen (2017) with ceramic tile flooring, stainless steel appliances, resurfaced cabinets, and a French door to the deck (2021). Down the hall, find a full bath (2019) and 3 bedrooms w/ hardwood floors and newer windows (2017); the primary bedroom includes a private updated half bath for convenience. The spacious lower level boasts a 3/4 bath, laundry area, large front to back family room w/ new luxury vinyl plank flooring (2025), and a cozy gas fireplace. A converted garage adds flexible space perfect as an office, gym, playroom, or potential in-law suite w/ separate entrance. Positioned on a spacious, level lot featuring a newer shed (2020) and offering excellent expansion potential—all in a prime, convenient location.
| |||
| Oct 14, 2004 | Sold | ||
| Sold | |||
| Aug 31, 2004 | Listed | $349,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017