4340 Leonard Way
About This Property
Located in the desirable Eagle Glen community, this beautifully maintained home offers 2,200 sq ft of living space with 4 bedrooms and 3 bathrooms. Enjoy the convenience of being within walking distance to the clubhouse, Woodrow Wilson elementary school, parks, tennis courts and grocery shopping.
Step through grand double doors into a dramatic entryway with soaring 18-foot ceilings. The formal living and dining rooms provide elegant entertaining spaces, while the cozy family room features a custom built-in entertainment center and a fireplace adorned with old-world iron doors.
The kitchen boasts maple cabinetry, quartz countertops, a cooktop stove, and recessed lighting. A striking white, turned baluster staircase leads you upstairs to four spacious bedrooms. The primary suite includes vaulted ceilings, a walk-in closet, and stunning mountain views.
All faucets and door hardware throughout the home have been recently updated. Outside, the rear yard offers a tranquil retreat with a large screened-in room, a fish pond with 12 large goldfish, mature fruit trees, and scenic mountain views.
Additional highlights include a 2.5-car garage with an epoxy-coated floor and freshly painted exterior. With low taxes (approximately 1.13%), this home is a rare find in a highly sought-after neighborhood.
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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 31, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 21, 2025 | Price Decreased |
$830,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| May 9, 2025 | Listed by Keller Williams Realty | $850,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017