3 Leonard Drive
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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 11, 2026 | Listed by Ginny Martins & Associates | $589,000 | |
| Listed by Ginny Martins & Associates | |||
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Nestled in a wonderful neighborhood setting, this move-in-ready home has been well loved and thoughtfully maintained over the years. Natural light fills the living spaces, creating a bright and welcoming feel throughout. The beautifully updated kitchen anchors the home for everyday living, while recent improvements, including a new HVAC system in 2025 and a series of energy-efficiency upgrades through Mass Save, add comfort and peace of mind. Set on a generous .35-acre lot, the property offers a sizeable yard to relax, play, and entertain, along with a backyard shed providing ample storage for outdoor gear and hobbies. Just one mile from the commuter rail and close to everything that makes this neighborhood so popular, this is a special opportunity to settle into a home that’s truly ready to be enjoyed.
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| Jul 7, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Heisler & Mattson Properties | $474,900 | |
| Listed by Heisler & Mattson Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017