270 Lena Drive
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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 |
|---|---|---|---|
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | Listed by KSP | $275,000 | |
| Listed by KSP | |||
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A beautifully remodeled home nestled in an established neighborhood offers new charm. From an impressive Magnolia tree to the covered porch, this home exudes classic appeal. Discover a host of updated features (2020) including a new roof, Hardie siding, tankless hot water heater, a digital thermostat, new HVAC system, heater, and ductwork. Gorgeous wood floors lead to a kitchen that features granite countertops, soft-close Shaker cabinets, a walk-in pantry, and new appliances (2020). The primary suite offers a bath with water-resistant vinyl flooring and a walk-in shower. A large walk-in closet provides ample space for all your wardrobe needs. Head outside to a spacious backyard patio, overlooking mature trees and a covered sitting. With a blend of 1950s charm and modern upgrades, this home provides the best of both worlds. Refrigerator, washer, and dryer included. Call today to see this beauty for yourself!
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| Feb 24, 2020 | Sold | ||
| Sold | |||
| Dec 12, 2019 | Listed by Walzel Properties | $125,000 | |
| Listed by Walzel Properties | |||
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Perfect 3 bedroom home located in upcoming area on oversize lot! Minutes from the new Wholefoods, Heights, Garden Oaks, Washington Ave and Downtown Houston with easy access to 610N and 45N. New construction homes and re-development surrounds this property. Home does need updating but worth the investment. Won't last!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017