7920 Colony Creek #103
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 21, 2014 | Sold | ||
| Sold | |||
| Nov 11, 2014 | Listed by Coral Shores Realty Inc | $67,000 | |
| Listed by Coral Shores Realty Inc | |||
| | |||
|
EXCELLENT CONDITION, LAKEVIEW FROM THIS FIRST FLOOR APARTMENT. ENCLOSED PORCH, FULL WASHER AND DRYER. IDEAL FOR INVESTORS, GOOD TENANT. PETS UNDER 15LBS.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/22/2019
|
1 Bed
|
2 Bath
|
750 ft²
|
$79,000
1 Bed
2 Bath
750 ft²
|
$68,000
-13.92%
08/06/2019
|
Cathy L Prenner
Keller Williams Realty Profess
| |
|
05/09/2018
|
2 Bed
|
2 Bath
|
949 ft²
|
$100,000
2 Bed
2 Bath
949 ft²
|
$95,000
-5.00%
10/16/2018
|
Sandra Robinson
Diamond Property Realty
| |
|
03/12/2018
|
2 Bed
|
2 Bath
|
949 ft²
|
$100,000
2 Bed
2 Bath
949 ft²
|
$95,000
-5.00%
07/25/2018
|
Sandra Robinson
Diamond Property Realty
| |
|
11/11/2014
|
1 Bed
|
2 Bath
|
750 ft²
|
$67,000
1 Bed
2 Bath
750 ft²
|
$60,000
-10.45%
12/21/2014
|
Meiling Avanzini
The Keyes Company - Miramar
| |
|
04/25/2013
|
2 Bed
|
2 Bath
|
949 ft²
|
$61,000
2 Bed
2 Bath
949 ft²
|
$50,000
-18.03%
06/05/2013
|
Claudio Petasne
eXp Realty LLC
| |
|
03/08/2011
|
2 Bed
|
2 Bath
|
-
|
$34,900
2 Bed
2 Bath
|
$38,000
+8.88%
04/13/2011
|
Ann Forman
Re/Max Allstars
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017