3224 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%.
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed by Compass RE Texas, LLC - Houston | $4,750,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Regal River Oaks 5-Bedroom residence offering a distinctive Robert Dame design featuring refined living spaces enhanced by impeccable scale, sophisticated selections, and abundant natural light. Grand Reception Hall with curved staircase opens to fabulous formals and central wet bar. Gourmet Island Kitchen with informal dining area opens to a sizable Den with wall of windows overlooking a veranda with swimming pool beyond. Primary Suite up with fireplace, luxurious bath, and designated dressing rooms. 3 Guest Suites + Study/Home Office up. Third Floor Game Room + Bedroom #5. Elevator-installed to all levels. Gated Motor Court leads to 2-car Garage. A stellar location just steps from the Boulevard and across the street from a pathway leading directly to nearby Reba Park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017