2740 Levi Lane
About This Property
This low-maintenance home sits just one block from Wildwood Park, offering endless hiking and biking trails at your doorstep-an attractive feature for tenants seeking an active lifestyle. The open floor plan is filled with natural light, with a kitchen that boasts a large granite island-perfect for modern living and entertaining. Downstairs includes a convenient half bath and a seamless flow between Living, dining and Kitchen, while upstairs the premier suite features an en-suite bath, walk-in closet, and private patio. With its desirable location, easy-care design, and strong rental appeal, this property presents an excellent opportunity for investors seeking steady returns in a highly sought-after neighborhood. Dual-zone heat and air add extra comfort, no matter what the season.
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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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Price Decreased |
$459,000
↓ $500
(0.1%) | |
| Price Decreased | |||
| Sep 13, 2025 | Price Decreased |
$459,500
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Sep 1, 2025 | Listed by Century 21 Select Real Estate, Inc. | $470,000 | |
| Listed by Century 21 Select Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017