2218 Lee Ave
About This Property
This residence features four spacious bedroom suites, including a desirable main-level suite-ideal for guests or multi-generational living. A grand formal entry opens to elegant living and dining spaces, highlighted by a cozy fireplace. The gourmet kitchen is a chef's dream, featuring high-end Viking appliances, a separate wok kitchen, ample cabinetry, and a stylish wine bar area-perfect for entertaining and everyday enjoyment.
A dedicated library/office showcases beautifully designed custom windows and a built-in bookcase, creating an inspiring and refined workspace.
Upstairs, the luxurious primary suite offers a private retreat with generous proportions and a spa-inspired bath. Additional highlights include a spacious family room and thoughtfully designed architectural details throughout.
The beautifully landscaped backyard provides a serene outdoor setting, ideal for gatherings or quiet relaxation. Home located within the award-winning Arcadia Unified School District and just minutes from shopping, dining, and parks, this home presents a rare opportunity to own a turnkey residence in one of Arcadia's most sought-after neighborhoods.
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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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Realty One Group West | $2,980,000 | |
| Listed by Realty One Group West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017