70 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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Listed by Castinetti Realty Group | $1,599,000 | |
| Listed by Castinetti Realty Group | |||
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A completely custom colonial, crafted in 2025 by a local premier builder, offers sophistication and quality Shrewsbury hasn’t seen in ages. With an impeccable eye to detail, the home is filled with natural light from expansive windows and skylights. The great room showcases a floor-to-ceiling stone fireplace and opens to a chef’s kitchen with dual islands, custom cabinetry, luxe stone, and built-in Thermador appliances. Flexible spaces allow up to five bedrooms or options for office, gym, or guests. A first-floor primary retreat features a spa bath and walk-in closet. Four full baths with radiant heated floors, two laundry rooms, French white oak flooring, and custom millwork highlight craftsmanship throughout. The walk-out lower level offers a complete living area with high ceilings, full windows, bedrooms, bath, laundry, and a kitchenette—ideal for extended family, entertaining, or guest space. Set on over two acres, this home blends luxury, privacy, and livability.
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| Jul 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 27, 2025 | Price Decreased |
$1,750,000
↓ $125K
(6.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017