784 Colonial Avenue
About This Property
Tremendous curb appeal is just the beginning! An entry foyer with closet leads to a spacious and bright living room with a stunning stone fireplace. A sunny den/office area adjoins the living room. A "reading/music alcove" is a bonus. The oversized formal dining room is perfect for large gatherings. The updated spacious kitchen includes high-end appliances and granite tops. The center island has seating for 8. A stone patio leads to large backyard areas, partially fenced. Efficiently located behind the kitchen is a laundry room and powder room.
The second floor boasts a large master bedroom with bath (jacuzzi tub) and WIC. In addition, there are 3 bedrooms and a hall bath.
A walkup attic, attached 2 car garage, and walk-out basement are just a few of the many wonderful features of this home. Walkability, value, and move-in condition make this a DON'T MISS! Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Oct 18, 2018 | Sold | ||
| Sold | |||
| Jan 10, 2018 | Listed by McClellan Sotheby's Int. Rlty | $850,000 | |
| Listed by McClellan Sotheby's Int. Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017