781 Colrain 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%.
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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Fitzgerald Real Estate | $495,000 | |
| Listed by Fitzgerald Real Estate | |||
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This meticulously maintained home is located in the Meadows of Greenfield, surprisingly spacious with grand rooms and a welcoming floorplan that includes an eat-in kitchen with ample storage, a formal dining room with a corner hutch and French doors to the center hall, a large living room with a fireplace and a bay window, a comfortable family room also with a fireplace, a bay window overlooking the back yard and a slider opening onto the covered patio surrounded by gardens and a nice view of the backyard. The main bedroom is on the first floor, with a terrific backyard view, generous closet space, and an attached bathroom with a walk-in shower. Also, on the first floor, off the kitchen, is a half bath/laundry and an attached two-car garage—two good-sized bedrooms with walk-in closets and a bathroom on the second floor. It's set on a corner lot just minutes from I-91 and Rte 2, on .65 acres, with a large manicured backyard with lovely gardens and mature shade trees.
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| Sep 26, 1979 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017