6
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345 Leigh Road
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 |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Listed by Douglas Elliman | $3,250,000 | |
| Listed by Douglas Elliman | |||
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by Compass Florida LLC | $799,000 | |
| Listed by Compass Florida LLC | |||
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Whether you're seeking a charming historic residence or an excellent investment opportunity, this timeless mid-century ranch delivers the best of both. Situated on a 7,021 sq. ft. lot in the desirable SOSO neighborhood, this home can be enjoyed as-is, remodeled to your taste, or taken down to create your own vision. Currently at 1,121 sq. ft., this 2-bedroom, 1-bath home offers a combination of timeless charm and versatile potential! Inside, the home highlights its vintage appeal with 1953 French doors, original kitchen cabinets with porcelain pulls, and a cozy wood-burning fireplace. Recent updates feature a 2021 HVAC system, 2024 water heater, new washer, dryer, dishwasher, and LVP flooring throughout. The home also includes a 1-car garage with a hurricane-rated door, hurricane shutters on all windows and doors, and a durable concrete tile roof with hurricane straps. Outdoors, enjoy a white-screened patio with metal roof, a fully fenced private backyard, and a lush garden oasis with mango, avocado, Surinam cherries, hibiscus, jasmine, bougainvillea, and moreplus herb, vegetable, and succulent gardens nourished by an irrigation system tapping into Florida Sweet Water. Perfectly positioned near S. Flagler Drive, the Intracoastal, downtown West Palm, and more! Whether as your next home or a rewarding investment, this property is a rare find in an ideal location!
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About Homewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017