37 Leonard 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 |
|---|---|---|---|
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Oct 18, 2018 | Listed by Gibson Sotheby's International Realty | $750,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| Aug 28, 2014 | Sold | ||
| Sold | |||
| Jul 25, 2014 | Listed by Bentley's | $575,000 | |
| Listed by Bentley's | |||
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Introducing 37 Leonard Road – a new home designed for the way we live today, featuring an incomparable layout, enduring finishes, energy efficiency and top ranked walkability. Built to last, this beautiful home will please every palate - open concept living areas, hardwood floors both upstairs and down, and three large bedrooms with ample closet space in each – simply unparalleled excellence throughout. Located just around the corner from the shops, restaurants and transportation options that downtown Melrose offers, you’ll enjoy coming home to the peaceful setting of your private back yard on a quiet side street. Bonus features include central air conditioning, stainless steel appliances and granite countertops making this sun drenched house the perfect place to call home!
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| Dec 3, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017