7300 COLCHIS COURT
About This Property
The heart of the home is a bright, open kitchen flowing into the family room, anchored by a cozy gas fireplace. A standout feature is the fully enclosed, conditioned sunroom, complete with Thermopane windows and a Mitsubishi mini split, offering year-round flex space.
The layout offers 3 bedrooms and 3 full baths, with a spacious primary suite conveniently located on the main level and two additional bedrooms upstairs for family or guests.
This home has been thoughtfully updated inside and out: new furnace and AC condenser (2024), new hot water heater with a Moen Flo smart leak shutoff (2025), new flooring, refreshed lighting and window treatments, and a full suite of LG kitchen and laundry appliances. Set on a sizable lot, with a 2-car attached garage, an ideal fit for easy, low-maintenance living. A true move-in-ready home.
Victoria Falls is a vibrant 55+ community centered around its resort-style clubhouse, with indoor and outdoor pools, a modern fitness center, a Great Hall for community events, clubrooms, and a billiards room. Outside, residents enjoy two tennis courts, a 2.1-mile walking trail, and peaceful ponds, gazebos, and gardens throughout the grounds.
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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.
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About Konterra
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017