8 Colony Rd #8
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 |
|---|---|---|---|
| Apr 12, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by William Raveis R.E. & Home Services | $74,500 | |
| Listed by William Raveis R.E. & Home Services | |||
| Sep 15, 2016 | Sold | ||
| Sold | |||
| Mar 28, 2016 | Listed by Storey Real Estate | $62,900 | |
| Listed by Storey Real Estate | |||
| | |||
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Spacious end unit townhouse style with 2 deeded parking spaces.# 57 & 225. ( Possibilities of extra cash from renting out extra parking space). Kitchen has up-graded cabinets,counter top,sink, & appliances. Large storage closet in basement.Laundry facilities are coin operated in adjacent building.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/01/2019
|
2 Bed
|
1 Bath
|
759 ft²
|
$74,500
2 Bed
1 Bath
759 ft²
|
$72,500
-2.68%
04/12/2019
|
Marc Dulaimy
William Raveis R.E. & Home Services
| |
|
03/28/2016
|
2 Bed
|
1 Bath
|
759 ft²
|
$62,900
2 Bed
1 Bath
759 ft²
|
$58,000
-7.79%
09/15/2016
|
R Bridgett Stevens Storey
Storey Real Estate
| |
|
03/01/2013
|
2 Bed
|
1 Bath
|
759 ft²
|
$69,000
2 Bed
1 Bath
759 ft²
|
$69,000
11/12/2013
|
R Bridgett Stevens Storey
Storey Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017