604 Colonial LN
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 |
|---|---|---|---|
| Apr 4, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 8, 2025 | Listed by Teifke Real Estate | $140,000 | |
| Listed by Teifke Real Estate | |||
| Mar 13, 2024 | No longer available | - | |
| No longer available | |||
| Jan 9, 2024 | Listed by Keller Williams Realty, Waco | $165,000 | |
| Listed by Keller Williams Realty, Waco | |||
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Investor Alert! Listed below Market value.
Welcome to an incredible investment opportunity or a dream home in the making! This charming property, nestled near Killeen High, presents the perfect canvas for investors or homeowners seeking instant equity. Boasting a four-side brick exterior, this residence exudes durability and classic appeal.
While the property requires some tender loving care and repairs. This home offers a solid foundation for both a savvy investor looking to enhance the property's value and a homeowner eager to customize their space to their liking.
The house features a cozy fireplace, creating a warm and inviting atmosphere for those chilly evenings. The converted garage provides additional versatile space, offering the potential for a home office, playroom, or an extra living area. This added flexibility allows you to tailor the space to meet your unique needs and preferences.
Step outside, and you'll discover a delightful backyard, the perfect setting for outdoor activities, entertaining guests, or simply relaxing in your own private oasis. The proximity to Killeen High adds an extra layer of convenience, making it easy to access educational facilities, community events, and recreational amenities.
With a little imagination and effort, this property has the potential to become a lucrative investment or the home of your dreams. Don't miss out on this opportunity to add value and personal touch to a property that's already filled with promise. Seize the chance to transform this diamond in the rough into the gem you've been searching for! The manager has listed the unit size as 1368 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017