6 Unit #1 Colonial Drive #1
About This Property
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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%.
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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.
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/18/2022
|
2 Bed
|
1 Bath
|
806 ft²
|
$197,500
2 Bed
1 Bath
806 ft²
|
$197,500
08/18/2022
|
Rebecca Curran
RE/MAX Synergy
| |
|
03/22/2021
|
2 Bed
|
1 Bath
|
806 ft²
|
$199,900
2 Bed
1 Bath
806 ft²
|
$200,000
+0.05%
06/15/2021
|
The Gagnon Lindquist Team
RE/MAX Innovative Properties
| |
|
09/01/2019
|
2 Bed
|
1 Bath
|
806 ft²
|
$150,000
2 Bed
1 Bath
806 ft²
|
$149,000
-0.67%
10/15/2019
|
Stephen Maguire
EXP Realty
| |
|
02/27/2019
|
2 Bed
|
1 Bath
|
893 ft²
|
$135,000
2 Bed
1 Bath
893 ft²
|
$140,000
+3.70%
03/27/2019
|
Stephen Maguire
Keller Williams Gateway Realty
| |
|
03/16/2015
|
2 Bed
|
1 Bath
|
770 ft²
|
$99,900
2 Bed
1 Bath
770 ft²
|
$102,000
+2.10%
06/26/2015
|
Joan Chagnon
Bean Group / Londonderry
| |
|
07/20/2004
|
2 Bed
|
1 Bath
|
893 ft²
|
$149,500
2 Bed
1 Bath
893 ft²
|
$147,000
-1.67%
09/15/2004
|
Susan Linehan
Coco, Early & Associates
| |
|
02/20/2004
|
2 Bed
|
1 Bath
|
938 ft²
|
$134,900
2 Bed
1 Bath
938 ft²
|
$134,700
-0.15%
05/17/2004
|
Linda Linehan
Linda L. Linehan
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017