3115 Lett 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%.
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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Relisted | $639,000 | |
| Relisted | |||
| Apr 21, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Listed by RE/MAX Elite | $639,000 | |
| Listed by RE/MAX Elite | |||
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Custom-built pool home has perfect blend of privacy, space & modern upgrades, all on 1.33 lush acres w/no HOA limits. Bring RV, boat & all your dreams! Tucked away on a quiet road, this home provides seclusion w/out sacrificing convenience-just minutes from major roadways, shopping & top-rated schools. Inside, find expansive, sunlit living space w/hi-ceilings & gourmet kitchen featuring stainless steel appliances, custom cabinetry & central island—ideal for entertaining or casual meals. Owner's suite is luxurious escape w/spa-inspired bathroom, perfect for unwinding. Need extra space? Enjoy multiple living areas, home office & bonus room to fit your lifestyle. Outside, resort-style screened pool is your private oasis, workshop & carport offer room for hobbies, toys & storage, paved driveway gives smooth access. Recent upgrades, including new 2025 roof, make this home move-in ready. Craving freedom, privacy & modern convenience? You've found your perfect match. See it today!
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Property Highlights
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About Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017