2060 Lee Avenue
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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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jun 30, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Keller Williams Realty Greater | $899,999 | |
| Listed by Keller Williams Realty Greater | |||
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Stunning 4 BR, 3.5 bath Colonial nestled on a very private block in North Merrick. This 2652 sqft home was completely gut renovated in 2019. High end finishes from the ground up. Double entry door, open concept living room, dining room and chef's kitchen with top of the line quartz counters, GE stainless steel appliances including a 5 burner gas cooktop. Step down from kitchen to den with tons of natural light plus access to beautifully maintained and fully fenced yard. One of the 4 second level bedrooms converted to a walk in closet and easily converted back. LED hi hats throughout. 4 Comfort Star ductless AC units on main & basement levels. CAC on 2nd level. 4 zone gas heating system + separate 50g. HWH. Roof approximately 9 years, vinyl siding 3 years new. Central station alarm with glass & motion detectors. 2 car wide driveway. Detached garage converted to an entertainment area overlooking new paver patio, built in BBQ and play yard. Nothing to do! Just move in!
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| Jan 31, 2020 | Sold | ||
| Sold | |||
| Dec 9, 2019 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017