8215 Colgate Street
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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%.
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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.
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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 19, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Greenwood King Properties | $360,000 | |
| Listed by Greenwood King Properties | |||
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Showings start at the open house, Sunday, Oct 10th 2-4pm. The 1960’s might have been about change, but this 1960 atomic ranch has endured and persisted in its original layout and design. 8215 Colgate is a Mid Century Mod custom built home in the historically designated Glenbrook Valley neighborhood. Inside the 3-bedroom, 3.5 bath home on the highly desirable Colgate Street you step back to the glory of entertaining in the formal living and dining or meander through the expansive family room to lounge on the back patio or in the pool. House sits on a 11,160 sq foot lot (HCAD). The owners have lovingly added recessed lighting in areas and removed all carpet. The washer and dryer are in a large room that is the perfect craft, office, plant room or sunroom. The terrazzo tile is throughout the main areas of the house and wood flooring is in all bedrooms. Update sheet is available for review. All info per Seller.
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| Jun 13, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Robert Searcy Properties | $315,000 | |
| Listed by Robert Searcy Properties | |||
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Mid-Century Atomic Ranch on desirable Colgate St. Backyard oasis with pool. Sunken formal living room with picture window, formal dining plus breakfast area. Den with Fireplace and French doors to patio and pool area. Utility room with lots of built ins and large enough to double as a home office. 4th bedroom was converted to a huge walk in closet, but could easily be converted back to a 4th bedroom. Original master with interior brick accent wall. Cool retro front door with starburst plate. Glenbrook Valley was named a top neighborhood by This Old House and Houstonia Magazine.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017