3 Lee Terrace
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 25, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by RE/MAX Platinum | $615,000 | |
| Listed by RE/MAX Platinum | |||
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Nestled on a serene cul-de-sac, this charming 3-bedroom, 1.5-bathroom Cape Cod home offers a blend of classic elegance and modern comfort. Comprehensive renovations over the past few years have updated the home's features, infusing it with contemporary conveniences. The home boasts hardwood flooring throughout, providing a warm and inviting atmosphere. Central air conditioning ensures a comfortable climate year-round, while the brand-new driveway and lawn adds to the curb appeal and provides a smooth welcome to visitors. The property is move-in ready, making it an ideal choice for those looking to settle quickly into their new home without the need for immediate renovations or updates. The quiet location promises a peaceful living experience, yet it remains conveniently close to schools, shopping and MBTA service. This home is a rare find, combining the tranquility of a secluded neighborhood with the ease of modern living.
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| Nov 1, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017