5 Colonial Road
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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Price Decreased |
$679,900
↓ $50K
(6.9%) | |
| Price Decreased | |||
| Jan 25, 2024 | Listed by Armstrong Field Real Estate | $729,900 | |
| Listed by Armstrong Field Real Estate | |||
| | |||
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Nestled on a quiet cul-de-sac in a fantastic neighborhood, this move-in-ready Beverly beauty sits on a large 11,000+ square foot lot and offers comfort and convenience. The spacious living room welcomes you with a fireplace, built-ins, and a bay window. Hardwood floors grace most of the home.. Beautiful kitchen with Premium Cherry Cabinetss, recessed lighting, granite counters and stainless steel appliances. The dining area leads to a sunroom that overlooks the large landscaped yard and composite deck. The upper level also features 3 bedrooms and gorgeous bathroom with double vanity sinks and tiled glass shower. Lower level is a family room (currently used as a 4th bedroom) and also has a half bath and laundry with new washer. All appliance included. One car attached garage with Newer Garage Door & Opener and interior access to the family room. Outside a stone fire pit encircled by pavers is great for sitting by the fire on those cold fall/winter evenings.
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| Feb 12, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017