903 Colfax Street
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 |
|---|---|---|---|
| Mar 22, 2017 | Sold | ||
| Sold | |||
| Dec 19, 2016 | Listed by Triangle Midtown Realty | $112,900 | |
| Listed by Triangle Midtown Realty | |||
| Mar 31, 2016 | Sold | ||
| Sold | |||
| Feb 12, 2016 | Listed by Rockwood Realty Inc. | $23,500 | |
| Listed by Rockwood Realty Inc. | |||
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Great investment or first time buyer opportunity; the subject property is only 8 years old. Call listing agent for more information regarding current property condition, both bedrooms and bathroom are upstairs, good size kitchen and living room area. The property is located within walking distance to NCCU, 3 minutes to Durham Freeway and 10-15 drive to SouthPoint.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017