28 Sullivan St
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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$1,850,000
↓ $40K
(2.1%) | |
| Price Decreased | |||
| Sep 16, 2025 | Listed by Leopold & McMasters Realty | $1,890,000 | |
| Listed by Leopold & McMasters Realty | |||
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Welcome to 28 Sullivan St, a tastefully renovated home in one of Lexington's most sought after neighborhoods. Combining timeless New England charm with modern updates, this property offers both comfort and convenience in an ideal location. Enjoy your open concept kitchen with brand new quartz countertops and step outside to your spacious backyard, great for entertaining or just relaxing outdoors. The first floor features hardwood floors throughout, a vaulted ceiling with skylight and a bedroom with cathedral ceilings that presents a perfect option as an in law suite. The second floor features all new HW floors, 3 large bedrooms, along with a beautiful full bathroom off the primary, and a loft that overlooks the first floor. The lower level is completely finished with a substantial recreation room, gym room, office, and full bathroom. Situated on a quiet tree-lined street, this home is minutes from Lexington Center, top rated Lexington schools, and easy access to commuter routes.
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| Jul 11, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017