6 Old Colony Rd
About This Property
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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 11, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | Listed by Compass | $1,100,000 | |
| Listed by Compass | |||
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Incredible opportunity awaits you with this sprawling ranch located on a generous 0.25 acre lot in an established residential side street near the Winchester line. With over 2200 square feet of finished living space, the home and layout provides a solid foundation to update and customize to your desire. Main level offers hardwood floors, a formal living room with fireplace, a dining room with a built-in china cabinet, and a bright eat-in kitchen. You'll also find the spacious family room with vaulted ceilings and a gracefully arched oversized window bathing the room in natural light. Rounding out the main level are 2 large bedrooms and a full bathroom. Lower level provides a flexible finished bonus space with a fireplace and another full bath. The back deck offers a wonderful area to recreate or to dine al fresco while enjoying the mature landscaping and private flat backyard. Investors, developers & end users do not miss out on this hidden gem!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017