0 S LEONARDI Street
About This Property
Lot 7, measuring approximately 67x126, provides ample space to build your new residence. With city water, sewer, and electricity readily available, and no impact fees or building time frames, this lot is ready for your imagination to take flight. The lot is mostly cleared and located in flood zone X, minimizing flooding risks.
Imagine stepping out of your future home for a relaxing walk around Oyster Creek, or immersing yourself in the lively West King District, with its eclectic mix of boutiques, cafes, yoga studios, neighborhood pubs, and a local brewery. For additional entertainment, head a few blocks over to Marina Munch for live music and an assortment of food trucks by the waterfront. A short walk or a 3-minute drive takes you to downtown St. Augustine, where you can explore the rich history and vibrant culture of the city. This lot is more than just land; it's a chance to build the life you've dreamed of in an exceptional location. Don't let this opportunity pass you by. Call your builder today and start planning your future in this extraordinary neighborhood!
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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 |
|---|---|---|---|
| Jul 26, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by ENDLESS SUMMER REALTY | $200,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
| Apr 7, 2021 | Sold | ||
| Sold | |||
| Mar 3, 2021 | Listed by ENDLESS SUMMER REALTY | $89,500 | |
| Listed by ENDLESS SUMMER REALTY | |||
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High and dry treed building lot that affords a short walk to downtown, and possible water view of Oyster Creek from rear yard. Great little section of town away from hustle and bustle but a sense of community. Up and coming area with restaurants, bakery,Paper Root Clothing, Bog Brewery and new winery coming. House house plans and survey available. Check out Oyster Creek and the new homes going up around the corner on Davis Street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017