41
Map
559 Colorado
About This Property
Step inside to a bright and inviting open-concept floor plan featuring upgraded flooring throughout the first floor. The modern kitchen offers a large center island, abundant cabinetry, stainless-steel appliances, and opens seamlessly to the dining and living areas, creating the perfect space for everyday living and entertaining. Additional upgrades include a whole-home water filtration system and an alkaline water filtration system at the kitchen sink.
Upstairs, you'll find a versatile loft, spacious bedrooms, a conveniently located indoor laundry room and a generous primary suite complete with a large walk in closet and dual-sink vanity. The beautifully upgraded, low-maintenance backyard features artificial turf, ample concrete space and a fire pit, creating an inviting space to relax and entertain. Enjoy the added privacy and space of a desirable corner lot, just a few steps away from association amenities including a community pool, clubhouse, parks, playground areas and additional outdoor recreational spaces. Modern, spacious and move-in ready. Paid-off solar is just the cherry on top! This beautiful home truly has it all and is an absolute must-see!
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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 |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by LEGACY HOMES MANAGEMENT INC | $715,000 | |
| Listed by LEGACY HOMES MANAGEMENT INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017