1318 Leaman 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 |
|---|---|---|---|
| Feb 11, 2022 | Sold | ||
| Sold | |||
| Jan 4, 2022 | Listed by Nest Finders | $183,000 | |
| Listed by Nest Finders | |||
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Welcome to 1318 Leaman Ave! This 2 bedroom, 1 bathroom home is situated on a large 19,877 SQ FT lot on a quiet, dead end street. New 2021 A/C. Spacious fenced-in backyard can be used for many things or make it storage space. Upgrades include tile & hardwood floors in the living room & all bedrooms. Cozy living room w/ hardwood floors. The kitchen has tile floors and backsplash and & the breakfast room has a door for easy access to the backyard. Attached 2 car garage with storage and separate 2 carport covered parking. Light commercial in the area close to the business area in Rosenberg - Good opportunity for projects. Convenient, easy access to main highways such as Hwy 59, Hwy 36, & Grand Parkway. Schedule an appointment today. This one won't last long!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017