427 Lee Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | Listed by Monarch & Co | $249,990 | |
| Listed by Monarch & Co | |||
| Jul 23, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by BHGRE Gary Greene | $205,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Great 3/2/2 remodeled, completely move-in ready home located in the neighborhood of Tara in Richmond. This home is situated on a nice-sized lot with a backyard with large patio and plenty of greenspace. The interior boasts neutral paint and handsome laminate flooring and ceramic tile throughout. The living area offers a great wood burning fireplace with brick surround, a formal dining room and kitchen with granite countertops, stainless steel appliances and a spacious breakfast area. The primary bedroom is large with a spacious walk-in closet and a pretty ensuite bath. Both secondary bedrooms are large with nice-sized closets and a second full bath is situated on the hallway between the secondary bedrooms. Tara offers a nice park with playground and the location is great - close to I-69, 99 and FM 726 with shopping, dining and entertainment a short drive away in Sugar Land's Town Center and Brazos Town Center in Richmond. Welcome home!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Tara
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 4 Beds
- 3 Baths
- 4,593 ft²
$2,500 /mo
- 4 Beds
- 2 Baths
- 2,351 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017