8 Colony 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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Competitive Real Estate | $1,220,000 | |
| Listed by Competitive Real Estate | |||
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NEW CONSTRUCTION in Hadley. This 3500 sq ft, 5 bdrm, 4 bath home is unparalleled w/ high quality upgrades and an open floor plan that offers space, comfort and functionality. Through the front door buyers are greeted with cathedral ceilings, a large, custom-built staircase and plenty of natural light through the homes many energy efficient windows. The 1st floor includes the master bdrm, stunningly beautiful master bath and bonus room/office w/ full bath as well as a mudroom/laundry room off the garage. The family room includes a built-in electric fireplace and cathedral ceilings w/ floor to ceiling windows overlooking a private back yard. The dining room, kitchen and breakfast/dinette area offers buyers a beautiful place to gather and entertain with custom built cabinetry, high end appliances, and a large, Trex deck off the dinette. The 2nd floor features 3 large bdrms including an en suite and large hallway bathroom. Built with care, attention to detail, and high-quality upgrades.
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| Apr 29, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by Competitive Real Estate | $182,000 | |
| Listed by Competitive Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017