8521 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%.
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 |
|---|---|---|---|
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | Listed by Thrive Real Estate Group | $1,725,000 | |
| Listed by Thrive Real Estate Group | |||
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Welcome to this gorgeous 5-bedroom, 5-bathroom luxury home nestled on the 11th fairway of the Lone Tree Golf Course, located within the exclusive gated community of Heritage Estates. This beautifully designed residence offers unparalleled elegance and comfort, blending sophisticated style with modern conveniences. As you step inside, you'll be greeted by soaring ceilings, abundant natural light, and breathtaking golf course and mountain views. The open-concept living area flows seamlessly from the gourmet kitchen, complete with high-end stainless steel appliances, custom cabinetry, a large island, and a spacious breakfast nook, to the inviting family room with a cozy fireplace-perfect for entertaining. The upper level features a luxurious master suite with a spa-like en-suite bathroom, walk-in closet, and private access to the outdoor patio where you can relax and enjoy the serene golf course surroundings. The home showcases four additional bedrooms - 2 with their own en-suite bathrooms and 2 that share an adjoining bathroom - offering plenty of privacy and space for family and guests. The home also boasts a formal dining room, a private office, and a 3-car garage with ample storage. Enjoy outdoor living on the large deck or the covered patio, the perfect settings for al fresco dining or morning coffee. Located just minutes from top-rated schools, shopping, dining, and recreational amenities, this home offers a perfect blend of luxury, privacy, and convenience. Don't miss the opportunity to make this extraordinary home yours!
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| Oct 31, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed | $1,350,000 | |
| Listed | |||
| Jan 7, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017