5209 WINDMILL LANE
About This Property
Charming Colonial located in the heart of Columbia with 4 generously sized bedrooms on the upper level, and offering substantial updates including New Roof (2026) with 50 year architectural shingles and updated HVAC (2022)! With a 2 car attached garage, this home is sited on a private lot with mature trees and peaceful views. Hardwood flooring stretches throughout both the main and upper levels. The main level features a stylish renovated kitchen with modern white cabinetry, unpolished black granite countertops, subway tile backsplash, gas cooking, recessed lighting, and new LVP flooring. The kitchen connects to the formal dining room with updated light fixture and also to the cozy family room with hardwood flooring, recessed lights, and a replaced slider, which leads to the spacious, two tiered deck for easy outdoor entertaining and the perfect place to enjoy the gorgeous treed views. The living room is highlighted by a brick fireplace with mantel and hardwood flooring. The lower level features a spacious finished rec room, 3rd full bath, walkout door to backyard, and a large storage room with laundry and utility sink. Ideally located just minutes to all that Columbia has to offer, including shops, restaurants, parks, convenient commuter routes, and neighborhood walking / biking trails.
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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%.
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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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Long & Foster Real Estate, Inc. | $510,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017