5439 Colony Drive
About This Property
Only minutes to I-10 and 25 minutes to Katy! *** MORE PICTURES TO COME SOON!
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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 |
|---|---|---|---|
| Sep 8, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by Double G Realty, LLC | $495,000 | |
| Listed by Double G Realty, LLC | |||
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Words cannot describe this Showplace! This 4 bedroom 2.5 bath home has everything...Crown molding, Ceramic wood flooring throughout the entire home with vaulted ceiling in the family room . The fourth bedroom is currently being used as an office. The kitchen, the family room and dining room are all a part of the open concept. Beautiful backyard which has a heated pool and/or a hot tub that can seat 25 people comfortably and enjoy the soothe rolling heat. Don't feel like sitting in the hot tub/ pool maybe you would be more comfortable sitting under the patio enjoying the outdoor kitchen and fireplace. Maybe you are the one who enjoys working out in the shop on various projects... there is a fully insulated 30'x50' shop with concrete flooring, air compressor, 1-10' and 1-12' roll up door, a 220 plug as well as a car lift for your auto projects. Whatever makes you happy, it is most likely here at this Showplace!
Only minutes to I-10 and 25 minutes to Katy! *** MORE PICTURES TO COME SOON!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017