63 Colonial Drive
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 |
|---|---|---|---|
| Dec 10, 2014 | Sold | ||
| Sold | |||
| Sep 2, 2014 | Listed by Coldwell Banker Residential Brokerage - Shrewsbury | $499,900 | |
| Listed by Coldwell Banker Residential Brokerage - Shrewsbury | |||
| Feb 28, 2010 | Listed by RE/MAX First Choice R. E. | $474,900 | |
| Listed by RE/MAX First Choice R. E. | |||
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This may be the best value in all of Shrewsbury!!! Price slashed 50K. Over 3000sf of amazing space, in the $470s. One of the finest locations in town awaits you. A Colonial Drive address, yet actually perched on a quiet side street (Liberty Tree Lane) just steps from Coachman Ridge. Amazing updates from top to bottom, and a phenomenal floor plan for entertaining, all sitting on this absolutely delightful park-like lot. Just step inside, and prepare to be dazzled by what you see.
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| Mar 25, 2003 | Sold | ||
| Sold | |||
| Oct 21, 2002 | Listed by Coldwell Banker Residential Brokerage - Shrewsbury | $474,900 | |
| Listed by Coldwell Banker Residential Brokerage - Shrewsbury | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017