29
Map
5521 Colorow Dr
About This Property
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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.
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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 1, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by RE/MAX Professionals | $1,250,000 | |
| Listed by RE/MAX Professionals | |||
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Opportunity knocks. Tons of sweat equity here. Huge 1.8 acre lot. Ranch style with finished basement. Needs work but it's def a diamond in the rough. The home backs to #12 green and #13 tee box. Main floor master, 3bedrooms & 2 baths upstairs plus a study/den, formal dining and a huge casual dining area for an expanded kitchen. Downstairs has 2 more bedrooms and a large family/game room for entertaining. Lots of potential for outdoor living area facing West for those perfect summer gatherings with Primary bedroom access. Great bones just waiting for someone to make it pretty again. The backyard would be perfect for a pool or outdoor sport court...or both.
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| Mar 17, 2025 | Listed | $965,000 | |
| Listed | |||
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**Rare Fixer-Upper Opportunity in Prestigious Willowbrook**
Nestled on nearly 2 acres of flat, tree-dotted land backing to Red Rocks Country Club golf course, this rare opportunity in the coveted Willowbrook community is brimming with potential. The home features a main-floor primary suite, plus two additional bedrooms and an office/bedroom, offering a flexible layout. The spacious living room opens to a back patio, perfect for embracing the tranquil surroundings. 4-6 car garages provides ample space for vehicles and storage, while the basement adds even more possibilities.
While this home needs a complete renovation, its prime location makes it an investment worth considering. Willowbrook residents enjoy access to 800 acres of private open space for hiking, biking, and horseback riding, along with private pickle ball/tennis courts, a playground, and the renowned Willowbrook Amphitheater (Chief Colorow's Cave) for hosting private events. Don't miss this chance to create your dream home in one of the area's most desirable neighborhoods!
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| Aug 31, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017