3016 Ella Lee Lane
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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%.
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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 30, 2021 | Sold | ||
| Sold | |||
| May 16, 2021 | Listed by Compass RE Texas, LLC | $2,395,000 | |
| Listed by Compass RE Texas, LLC | |||
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This classic home in Avalon Place sits in the middle of a very desirable street. A gracious floor plan is filled w/ light via floor-to-ceiling windows & French doors. Lovely formals & cozy sunroom w/ views of the manicured side garden w/ trickling fountain. Delightful concrete kitchen flows to dining & spacious family room w/ dual-sided fireplace & wet bar. Upstairs, beautiful primary retreat w/ expansive deck & Carrara marble spa-like bath, 3 secondaries & game room. Features include Lutron lighting, gleaming hardwoods, designer draperies & lighting, & custom hardware. Adjacent to the detached garage, is the spacious pool house. Enjoy indoor/outdoor living in your outdoor oasis w/ sparkling pool & spa, flagstone patio & manicured gardens.This home has incredible walkability, just a block from tons of restaurants & shopping and River Oaks Elementary just a few blocks in the other direction. This is an incredible opportunity to get into this special neighborhood.
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| May 16, 2019 | Sold | ||
| Sold | |||
| Mar 29, 2019 | Listed by John Daugherty, REALTORS | $1,950,000 | |
| Listed by John Daugherty, REALTORS | |||
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Sophisticated expansion/up-date of 1930’s Avalon Place gem. 4 bedrooms & 4.5 bathrooms situated on mature growth landscaped lot with gorgeous 2 story sunroom with view of large picturesque fountain, beautiful formals, knock out bar area on 1st floor and game/media rm with wet bar on 2nd story, large 2nd store deck and pool/sauna. Custom draperies by interior designer Julie McGarr of McGarr Designs. Some of the finishes are Lutron low voltage lighting custom wood Master closet, bedroom closets/cabinets and custom bathroom sink consoles & cabinets. U-Line wine cooler, slimline fridge, “Clear Ice” icemaker and beverage center stainless appliances. Stainless steel Bravura door fixtures/hardware from Westheimer Plumbing and tile by Walker Zanger. Home is great for entertaining and can handle a too.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017