2201 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%.
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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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by Keller Williams Central | $1,125,000 | |
| Listed by Keller Williams Central | |||
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This stunning home features a rare one-story floor plan in the prestigious Star Trail community of Prosper, and has been extensively upgraded throughout. Built in 2021 this 4-bedroom, 4.5-bathroom residence is over 3675 sqft situated on a premium oversized corner lot, directly across from lush greenspace and within view of the neighborhood elementary school, Joyce Hall. This property has a thoughtfully designed floor plan and there are TONS of upgrades everywhere! Four generously sized bedrooms, each with its own bathroom, providing comfort and privacy for everyone. The gourmet kitchen boasts a high-end upgraded GE Monogram appliance package, including a gas range, double ovens, built-in microwave, and dishwasher. With ample cabinetry and a spacious island, it’s the perfect space for culinary enthusiasts and effortless entertaining. An inviting living area with a cozy fireplace, creating a warm ambiance for gatherings. A dedicated home office space, with handsome built-in cabinetry, is ideal for remote work or study. A three-car attached garage offers ample storage and parking solutions. The backyard is equally impressive, with a beautifully landscaped yard and a covered patio area, perfect for outdoor relaxation and entertainment. Located in the sought-after Star Trail subdivision, residents enjoy access to top-rated Prosper ISD schools including the brand new Mosley middle school opening Fall 2025, community amenities, and convenient proximity to shopping, dining, and recreational facilities.
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| Nov 15, 2021 | Sold | ||
| Sold | |||
| Apr 4, 2021 | Listed by Perry Homes Realty LLC | $799,900 | |
| Listed by Perry Homes Realty LLC | |||
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BRITTON HOMES NEW CONSTRUCTION!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017