8548 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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by LIV Sotheby's International Realty | $1,600,000 | |
| Listed by LIV Sotheby's International Realty | |||
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This home in Heritage Estates is truly luxurious and meticulously designed, offering an exceptional living experience nestled alongside the Lone Tree golf course. The attention to detail is evident from the moment you step into the grand foyer, with its Anderson windows flooding the space with natural light. The seamless flow between the office, living room, and dining room, enhanced by French doors leading to a picturesque deck, sets the stage for effortless entertaining. Custom wood designer accents, vaulted ceilings, and plantation shutters further elevate the home's elegant charm, while hardwood floors add warmth to the main living areas. Culinary enthusiasts will appreciate the kitchen's top-of-the-line amenities, including a Subzero refrigerator, double oven, & custom cabinetry with thoughtful features like soft-close drawers & pull-out spice racks. The family room, with its beautiful fireplace and built-ins, provides a cozy retreat for relaxation. The primary suite offers a serene oasis, complete with a heat glow fireplace, walkout to the deck, and a luxurious jacuzzi tub in the ensuite bath. Upstairs, three additional bedrooms with en-suite baths ensure comfort and privacy for family or guests. The walk-out basement is designed for both relaxation & entertainment, featuring a spacious rec/media room with a wet bar and granite countertops. A gym area/bedroom adds versatility to the space, while the outdoor hot tub and meticulously landscaped yard provide additional opportunities for enjoyment and relaxation. Located in the gated community of Heritage Estates, residents have exclusive access to amenities pickle ball, tennis & pool. While being surrounded by the natural beauty of the Lone Tree Golf Course. This home offers 2 furnaces, 2 air conditioning units. It is to close proximity to shopping, dining, entertainment, as well as easy access to major thoroughfares including I-25, C-470, and the light rail, this home truly offers the epitome of luxury living.
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| Mar 25, 2008 | Sold | ||
| Sold | |||
| Mar 17, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017