5803 Georgetown Colony 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 |
|---|---|---|---|
| Jul 1, 2023 | Sold | ||
| Sold | |||
| Jan 15, 2023 | Listed by ECHOSTATE REALTY INC | $289,950 | |
| Listed by ECHOSTATE REALTY INC | |||
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Back to Market, ready to move in. Completely remodeling as a new house with features: 1) new wood cabinets and granite countertop, 2)new paint, 3) new stainless steel appliances, 4) new carpet. 5) New Vinyl plank floor and tile. 6) New bathroom, granite vanity tops and light fixtures. 7) Brand new roof, 8) New water heater. 9) Recently HVAC, maintenance service performed also.10) New spayed insulation system on attic and garage. 11) New paint and all new faucet, toilet and accessories. Additional foundation repair and termite treatment performed. Large living with vaulted ceiling, split floor plan, master bath with double sink and separate shower. Large size covered patio and sprinkler system. Corner lot, quiet neighborhood, convenient location to schools, hospitals and commercial centers. All measurement is approximate.
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About Georgetown Colony
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$2,075 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017