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7004 Colony Loop DR
About This Property
Inside, you're greeted by fresh paint, abundant natural light, and a layout built for real life. The main living spaces flow effortlessly from the family room to the breakfast area and kitchen, creating an open, easy vibe that works whether you're hosting friends or keeping it low-key on a weeknight.
But the real ace here? The expansive converted garage. This isn't a "bonus room" in name only - it's a massive flex space that can be whatever your life needs next: game room, second living area, home office, gym, studio, or all of the above. It's the kind of square footage that turns a good home into the best house on the street.
Out back, you'll find a large covered porch that feels like your own outdoor living room - perfect for morning coffee, shady afternoons, or weekend BBQs. The backyard is spacious, ready for play, pets, gardening, or entertaining, and the storage shed adds that extra practicality everyone wants but rarely finds.
And then there's the location: walk the kids to school, stroll to the Rec Center or park, hop on trails, and enjoy the kind of neighborhood connection that makes daily life easier and better.
Fresh, flexible, and priced to move - 7004 Colony Loop is the smartest buy in the area right now. Come see it before someone else does.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 6, 2026 | In contract | - | |
| In contract | |||
| Dec 21, 2025 | Price Decreased |
$299,250
↓ $16K
(5%) | |
| Price Decreased | |||
| Dec 5, 2025 | Listed by Keller Williams Realty | $315,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017