7 Colony Cove Road
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%.
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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 |
|---|---|---|---|
| Oct 19, 2018 | Sold | ||
| Sold | |||
| Sep 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 21, 2018 | Listed | $450,000 | |
| Listed | |||
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Welcome to the warmth of this custom built home off beautiful Durham Point Rd. This home is very well maintained and offers many amenities. As you go up the walkway you will see hints of blue stone on the rock wall, granite slab, and beautiful plants and shrubs. Once at the top you are greeted by an amazing door taken right out of a local tavern from days gone by. Once inside you will be taken in by the post and beam construction and the beautiful oak and mahogany-pegged flooring throughout. This 3 BR, 3 BA home offers a great kitchen with stainless steel appliances, including a double drawer dishwasher and a double wall oven. The family room, with it's amazing fireplace, is where you will spend many days and nights with family and entertaining. There's a deck off of the family room on one side, and a screened in 3-seasons room on the other. First floor master and laundry, with one additional bedroom and bath. The second floor has another large bedroom and 3/4 bath. Finished room in basement with built in desk, work space and storage. This amazing property comes with your own pond and deeded access to Little Bay! Bring your kayaks and move in. Showings start Saturday at 10:00 8/4 The manager has listed the unit size as 2963 square feet.
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| Aug 1, 2018 | Listed by BHG Masiello Durham | $450,000 | |
| Listed by BHG Masiello Durham | |||
| Jul 31, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017