1907 Leatherstem Lane
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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 |
|---|---|---|---|
| Mar 2, 2022 | Sold | ||
| Sold | |||
| Jan 7, 2022 | Listed by Red Door Realty & Associates | $330,000 | |
| Listed by Red Door Realty & Associates | |||
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Beautiful formal model home with all the upgrades. This single story is located in a cul-de-sac and steps from neighborhood park. Fresh paint, new windows and custom built-ins. Enclosed Texas Lanai with brick paver flooring, large den with double fireplace to lanai. Beautiful updated island kitchen. Gorgeous formal dining with beautiful back-lit built-ins and opposite formal living or study, also with built-in bookcases. Large primary with en suite bath with custom finishes. Extensive moldings through-out. Large deck in very private back yard setting. 2 car detached garage.
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About Kingwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017