2005 LELAND AVENUE
About This Property
Welcome to 2005 Leland Avenue-spacious, move-in ready, and full of potential! This well-maintained 5-bedroom, 2-bath home offers flexible living options and the opportunity to add your personal touch and build equity. The main level features three comfortable bedrooms, a full bathroom, a generous family room, a dedicated dining area, and a spacious kitchen-all with brand new carpet and a bright, inviting feel. Step out from the dining room onto a large walk-out deck, perfect for relaxing or entertaining. The fully finished lower level includes two additional bedrooms, a full bath, a work area, laundry, ample storage, and a second kitchen-ideal for an in-law suite or income-producing apartment. A new roof (2023) and owned solar panels with a 25-year guarantee help keep electric bills incredibly low (averaging under $50/month). Situated on a quiet street with a large yard and just minutes from major commuter routes, this home combines comfort, savings, and convenience. Don't miss your chance to make it your own!
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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 |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 24, 2025 | In contract | - | |
| In contract | |||
| Jul 26, 2025 | Relisted | $300,000 | |
| Relisted | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Listed by Keller Williams Flagship | $300,000 | |
| Listed by Keller Williams Flagship | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017