8 Colonial Drive
About This Property
The home boasts three generously sized bedrooms, each offering ample natural light and elegant finishes. The primary suite is a true retreat, featuring a spa like en suite bath with a double sink, contemporary fixtures and walk-in closets. The additional bedrooms are versatile and perfect for family, guests, or a home office.Updates include; new siding, roof, appliances, central AC, bathrooms, and kitchen! The lower level is a blank canvas waiting for your finishing touches.
Outside, you'll find a beautifully landscaped yard with a private patio area perfect for outdoor dining or simply enjoying the tranquility of your surroundings. The well-maintained exterior and inviting curb appeal make this home a standout in the neighborhood, and the perfect future home for you!
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Keller Williams Realty Group | $649,999 | |
| Listed by Keller Williams Realty Group | |||
| | |||
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Welcome Home! 8 Colonial Drive an updated Cape where classic charm meets contemporary comfort. A bright and inviting 3-bedroom, 2-bath gem offers the perfect blend of timeless appeal and modern amenities. Located in the heart of New City, with easy and convenient access to the Palisades Parkway, as well as shopping provides you the best of both worlds at 8 Colonial Drive.An open concept design seamlessly connects the living area to a fully renovated kitchen, complete with updated stainless steel appliances, a wine fridge and easy access to your oversized flat yard! The home boasts three generously sized bedrooms, each offering ample natural light and elegant finishes. The primary suite is a true retreat, featuring a spa like en suite bath with a double sink, contemporary fixtures and walk-in closets. The additional bedrooms are versatile and perfect for family, guests, or a home office.Updates include; new siding, roof, appliances, central AC, bathrooms, and kitchen! The lower level is a blank canvas waiting for your finishing touches. Outside, you'll find a beautifully landscaped yard with a private patio area perfect for outdoor dining or simply enjoying the tranquility of your surroundings. The well-maintained exterior and inviting curb appeal make this home a standout in the neighborhood, and the perfect future home for you!
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| Feb 18, 2020 | Sold | ||
| Sold | |||
| Jan 18, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017