7 Colonial #7
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 |
|---|---|---|---|
| Aug 5, 2015 | Sold | ||
| Sold | |||
| May 28, 2015 | Listed by Century 21 Commonwealth | $359,900 | |
| Listed by Century 21 Commonwealth | |||
| Jun 21, 2006 | Sold | ||
| Sold | |||
| Mar 24, 2006 | Listed by Whitewood Real Estate, Inc. | $409,900 | |
| Listed by Whitewood Real Estate, Inc. | |||
| | |||
|
KENNETH VILLAGE, A 55+ COMMUNITY. ONLY 8 UNITS TO BE BUILT. FEATURING A CONVENIENT FIRST FLOOR MASTER BEDROOM SUITE. HARDWOOD FLOORS IN ENTRY HALL, EATING AREA, KITCHEN AND STAIRS. TILE IN ALL BATHS. CENTRAL AIR COND, GAS FIREPLACE IN LIVING ROOM. CORIAN COUNTERTOP IN KITCHEN. AVAILABLE FOR SPRING DELIVERY. Now having open houses every Saturday and Sunday from 12:00pm until 2:00pm
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/28/2015
|
2 Bed
|
2 Bath
|
2185 ft²
|
$359,900
2 Bed
2 Bath
2185 ft²
|
$348,000
-3.31%
08/05/2015
|
Cori Oehley
Century 21 Commonwealth
| |
|
03/24/2006
|
2 Bed
|
2 Bath
|
2000 ft²
|
$409,900
2 Bed
2 Bath
2000 ft²
|
$411,820
+0.47%
06/21/2006
|
Robert W. Topping
Afonso Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017