8425 Colonial Dr
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%.
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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.
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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by LIV Sotheby's International Realty | $2,498,000 | |
| Listed by LIV Sotheby's International Realty | |||
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Embrace the elegance and thoughtful design of this completely updated residence in the exclusive gated community of Heritage Estates, situated on over 1/2 an acre. Step inside to discover a main floor that celebrates open-concept living without sacrificing intimacy. The chef’s kitchen boasts state-of-the-art appliances, sleek cabinetry, a walk-in pantry, and an expansive island that seamlessly transitions to a cozy breakfast area. Adjacent to the kitchen is a gracious living room, anchored by a chic fireplace, offering plush comfort and sophistication, and oversized windows bringing the outdoors in. The expansive dining room is bathed in natural light, and leads to a custom cocktail room complete with a full bar. The oversized mudroom offers a dog wash, ample storage, and is conveniently located on the main floor just off the garage. Ascend to the second floor where the primary suite serves as a sanctuary, complete with a lavish 5-piece en-suite bath, private balcony, and custom walk-in closet. Three additional bedrooms promise rest and rejuvenation, one featuring an en-suite bath, while the other two share a convenient jack-and-jill bath. The lower level is an entertainer's paradise with a media/rec room that includes a wet bar, alongside a versatile studio room, additional bedroom, and a 3/4 bath, ensuring ample space for guests. Outdoor living is redefined with a large deck featuring an outdoor kitchen. The property's generous yard invites playful afternoons and peaceful evenings. Nestled on the 11th hold of the prestigious Lone Tree Golf Course, this Heritage Estates gem offers a three-car attached garage and is a stone's throw from a community pool and tennis courts. The prime location boasts proximity to Lone Tree's finest shops with convenient freeway and light rail access, ensuring that DTC, Sky Ridge Medical Center, downtown Denver, and DIA are just a short commute away.
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| May 2, 2022 | Sold | ||
| Sold | |||
| Apr 5, 2022 | Listed | $2,250,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017