7 Colonial Lane
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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Sold | ||
| Sold | |||
| Jul 1, 2019 | Sold | ||
| Sold | |||
| Feb 6, 2019 | Listed by LAER Realty Partners | $89,900 | |
| Listed by LAER Realty Partners | |||
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What a deal!! Price reduced on this great house at Glenwood Park 55+ community. This care free style of living offers all the living area on 1 level. This home has a great open concept with cathedral ceilings making this home feel very spacious. The large fully appliance kitchen offers a nice amount of space for the dining area and loads of cabinets and working area and easy access to the washer and dryer. The large living room has a electric fireplace that opens up to a good size den. The master bedroom has been freshly painted and new carpet with a walk in closet as well as a full bath that has a separate shower stall and separate tub. An additional bedroom and full bath are on the opposite side of the house. Great for visitors having their own space. The home is on a nice private lot with a storage shed and plenty of parking. Time to get moved in and enjoy the Spring.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017