8311 Colonial Road
About This Property
Welcome to a truly exceptional one-family home, where timeless elegance meets thoughtful modern upgrades on one of Bay Ridge's most beautiful tree-lined streets.
A stunning entryway sets the tone, featuring a classic center hall layout with a graceful staircase and rich hardwood floors that flow throughout the home. To one side, a sun-drenched living room with a working gas fireplace offers the perfect space to relax, seamlessly connecting to a charming front sunroom ideal for a family room or sitting area. On the other side, a grand formal dining room provides an elegant setting for entertaining.
The heart of the home is a spacious eat-in kitchen, beautifully appointed with custom cabinetry, high-end finishes, and a gorgeous statement stove-designed for both everyday living and hosting. A tucked-away powder room adds convenience, while a bright breakfast nook with sliding doors leads out to a beautifully finished backyard.
Step outside to your private outdoor retreat featuring pavers, a built-in fireplace, and plenty of space to entertain or unwind. The property also includes a private driveway and garage, along with the rare luxury of a heated sidewalk/snow melt system.
Upstairs, the second level offers a sun-filled primary bedroom with generous closet space, along with three additional well-proportioned bedrooms and a beautifully renovated full bathroom.
The fully finished basement expands the home's living space, complete with a full bathroom, laundry area, and abundant storage.
Additional highlights include central air conditioning, all-new electric, and a brand-new garage roof, making this home as functional as it is beautiful.
This is a rare opportunity to own a truly special home that combines classic charm, modern comfort, and an unbeatable Bay Ridge location.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Listed by Compass | $2,500,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017