26
Map
1125 Martha Lee Avenue
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%.
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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 |
|---|---|---|---|
| Jun 2, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | In contract | - | |
| In contract | |||
| Apr 25, 2026 | Relisted | $284,000 | |
| Relisted | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Real Broker, LLC | $284,000 | |
| Listed by Real Broker, LLC | |||
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Welcome to this beautifully updated 3-bedroom, 1.5-bath home offering comfort, efficiency, and move-in-ready convenience. The big ticket items have been already been done! Roof (2023) HVAC (2023) Water Heater (2023) PVC Piping(2023) Vinyl flooring flows throughout, creating a clean, modern feel. The upgraded kitchen features stainless steel appliances and ample space for cooking and entertaining. An indoor laundry room with added storage provides everyday functionality. Bathrooms have been tastefully updated, including a modern shower. Major improvements also include-new ductwork, and attic spray insulation for enhanced energy efficiency. Enjoy the covered fenced-in patio as your private oasis for relaxing after a long day. New fencing encompasses the property and a newer shed for storage. Fire pit --perfect for relaxing or entertaining. A fantastic opportunity for buyers seeking a fully updated home with great indoor and outdoor living! Great proximity to Blue Origin, Space X !
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About Silver Pines Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017