12341 NANCY 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%.
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 2, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Price Decreased |
$239,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Mar 21, 2025 | Price Decreased |
$244,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Mar 1, 2025 | Listed by The Premiere R E Agency | $250,000 | |
| Listed by The Premiere R E Agency | |||
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Pride of ownership on this Renovated beauty! This 3 bedroom, 2 bathroom house with a converted garage has been upgraded to be a gorgeous modern starter home. Come see the new tile throughout the home, upgraded kitchen countertops, new appliances and beautiful kitchen backsplash. The lighting fixtures and cieling fans are all new, giving the home amazing lighting and cooling. Make your way to the backyard and see all the space needed for gatherings and good times. With a gas fireplace, dog run and storage, this is a perfect sanctuary or as a rental it suits a variety of investment opportunities. Make your appointment now!
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Property Highlights
Building Info
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Price/ft²
Listed On
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About Montwood Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017