32
Map
242 Lee Avenue
About This Property
The first floor boasts two generously sized bedrooms, a half bath, a bright and inviting living room, a formal dining area, and a quaint kitchen. Upstairs, you'll find two additional bedrooms along with a den/library, perfect for a home office, reading nook, or creative space. A full bathroom completes the second floor.
The unfinished basement provides excellent storage potential and as well a large laundry room. Outside, enjoy a private backyard, ideal for entertaining or relaxing. A detached garage and private driveway offer the convenience of off-street parking-an incredible find in this prime location!
Situated close to parks, schools, shopping, and public transportation, this home blends suburban tranquility with city convenience. Don't miss your chance to own this charming home-schedule your private showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed by Damico Group Real Estate | $575,000 | |
| Listed by Damico Group Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017