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7234 Colima Drive
About This Property
Looking for a home where all the heavy lifting has already been done? This beautifully maintained home has major updates inside and out! No back neighbors!
Key Highlights:
-Remodeled restrooms
-Roof 5 years old
-HVAC 4 years old
-Attic insulation 2 years
-Cozy electric fireplace
-Flex Space: 4th bedroom perfect for a dedicated home office, nursery, or guest room
- New windows, new windows with electric drapes
-New Water Heater
-Outdoor Oasis: Beautiful, private backyard complete with a brand-new fence.
Whether you're relaxing inside by the fireplace or entertaining in the lush backyard, this home offers the ideal blend of updates and functionality.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Increased |
$225,000
↑ $5K
(2.3%) | |
| Price Increased | |||
| Sep 10, 2026 | In contract | - | |
| In contract | |||
| Sep 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Aug 25, 2026 | Listed by House Matchmaker Group | $220,000 | |
| Listed by House Matchmaker Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017