5590 Colechester Drive
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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 |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by EXP REALTY | $361,000 | |
| Listed by EXP REALTY | |||
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Gorgeous wood floors down stairs with soaring ceilings! Luxury kitchen with glazed cream cabinetry through entire home, stainless steel appliances, designer accents and granite counter tops, Radiant barrier roof decking, low e vinyl windows, recent roof replacement. All this PLUS its on a corner lot with views of the canals directly across the street!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017