2331 Lee Ave.
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%.
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by HomeSmart Realty West | $649,900 | |
| Listed by HomeSmart Realty West | |||
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Seller entertaining offers between $639,900-$649,900 Why buy a townhome when you can get into a single family home. This cozy two bedroom home offers privacy large lot. Home features luxury vinyl plank floors, large six inch baseboard lots of natural light. Kitchen offers quartz counter tops, stainless steel appliances, gas stove, upgraded lighting and kitchen island. Homes large windows offer view to backyard. French doors lead to patio and backyard . Home Lot has enough space to build a possible ADU. The back yard is very private and offers the ability for gardening or storage for equipment. 2 car attached garage with laundry hooks ups. Home can be gated easily to provide extra privacy. Bathrooms and kitchen have been renovated to newer sinks, light fixtures, vanities, and counter tops. Two bedrooms offer neutral paint colors. Easy access to highway 15 and 78 Nearby shopping, schools, hiking, and Lake. No HOA and great starter or size down home to call home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017