8 Colonial Drive
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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Listed | $1,325,000 | |
| Listed | |||
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Welcome to this stunning 4-bedroom, 2 1/2-bath Garrison Colonial, located at the end of a cul-de-sac on 1.78 acres. This renovated home offers central air, a replaced heating system, and gleaming hardwood floors throughout. The updated kitchen features stone countertops, a large island with seating, stainless steel appliances, and custom cabinetry. The open-concept design flows seamlessly into a cozy seating area with vaulted ceilings, a beautiful mantle, and a fireplace insert. The family room, with its floor-to-ceiling windows and French sliding doors, opens to a composite deck, complete with an outdoor kitchen, jacuzzi, sprinkler system, and outdoor shower. Inside, enjoy a spacious living room with built-in bookshelves and dining room. Upstairs, the primary suite offers a private bath, double vanity, and access to a roof deck, 2 additional bedrooms and bath. The third level features a bedroom and home office. The finished basement is a bonus. Don’t miss out on this exceptional home!
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| Nov 30, 2005 | Sold | ||
| Sold | |||
| Sep 12, 2005 | Listed | $615,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017