7 Colby Way
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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Price Decreased |
$1,590,000
↓ $300K
(15.9%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed | $1,890,000 | |
| Listed | |||
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Welcome to this stunning single-family home in Chase Estates, a true haven of comfort and style! You'll be captivated by the elegant hardwood floors that flow seamlessly throughout. The open and inviting layout features a spacious family room and a gourmet kitchen, complete with a grand island, modern cabinets, top-of-the-line Wolf appliances, and gas cooking-all designed for culinary inspiration. Enjoy breathtaking views of the beautifully landscaped yard, a perfect backdrop for serenity and relaxation. Upstairs, discover a magnificent master suite boasting walk-in closet, along with a luxurious spa-like bathroom that features a soaking tub, glass shower, and double vanity for your personal retreat. Three additional bedrooms and another full bathroom ensure ample space for family or guests. The finished walk-out lower level includes an extra bedroom and full bath, creating an ideal space for visitors or memorable gatherings.
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| May 31, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017