Zip Code
124 Colfax Rd, Newark, DE 19713
3 beds · 1 bath · 1,600 sq ft · Lot: 6,970 sq ft · Single Family Home · Built: 1967
Est. Value:
$285K
Est. Rent:
$2.3K/month

124 Colfax Rd Newark, DE 19713

3 beds · 1 bath · 1,600 sq ft · Lot Size: 6,970 sq ft · Single Family Home
Est. Property Value: $285,397

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

124 Colfax Rd is in the 19713 neighborhood of Newark, DE. It is located in New Castle County and ZIP code 19713. This Single Family Home was built in 1967 and is approximately 58 years old. The single family home spans 1600 sq ft with 3 bedrooms and 1 bathroom and sits on a 6970 sq ft lot. Analyze and compare real estate investment strategies for properties like this home at 124 Colfax Rd Newark, DE 19713 with Property Intel by Whitepages.

Investment Potential for 124 Colfax Rd

The property has a current estimated value of $285,397, which is 12% above the zip median. Projected long-term rental income is $27,000 annually ($2,250 per month) with a 92% occupancy rate.

Discover more Single Family Homes in 19713.

Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 19713 zip code
 
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Owners & Occupancy for 124 Colfax Rd

No contact information is available.

Occupancy

Resident 1*************** age 57
Resident 2*************

Property Details for 124 Colfax Rd

Property Details

Property Sq Ft

Living Area

1,600 sq ft

10% above market

Lot Size

6,970 sq ft

11% below market

Price Per Sq Ft

Living Area

$178 / sq ft

2% above market

Lot Size Area

$41 / sq ft

34% above market

Property condition, age, exterior, etc. for 124 Colfax…
Longitude: -75.681409 Latitude: 39.690451 Parcel Number (APN): 09-017.30-011…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Recommended Properties in 19713

Discover more single family homes near 124 Colfax Rd in Newark, Delaware. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 124 Colfax Rd in New Castle County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$285,397
$275,916
$9,481 (3%)
$386,715
$1,034 (0%)
YoY Price Change
Year Built
1967
1989
-22 years
Living Space
1,600 sq ft
1,600 sq ft
0 (0%)
$ Per Living Sq Ft
$178
$171
$7 (4%)
Lot Size
6,970 sq ft
7,850 sq ft
-880 (-11%)
$ Per Lot Sq Ft
$41
$36
$5 (15%)

Net Operating Income
$20,104
-$906 (-5%)
Annual Revenue
$27,000
$27,000
$0 (0%)
$6,597
$1,205 (18%)
Net Operating Income
$20,104
-$906 (-5%)
Cap Rate
7.06%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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