3960 SE Lee Street
About This Property
This home looks brand new. Built in late 2018, this one level home boasts bright views with southern exposure, open floor plan, barn style doors in master and laundry, quaint covered front porch with serene views of the lake!!!
This one will not last long!!!!
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Cap Rate Calculator
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 29, 2020 | Sold | ||
| Sold | |||
| May 9, 2020 | Listed by Nicklaus Vance | $336,000 | |
| Listed by Nicklaus Vance | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017