4375 LEE HIGHWAY #E
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%.
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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 |
|---|---|---|---|
| Aug 5, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by Corcoran McEnearney | $625,000 | |
| Listed by Corcoran McEnearney | |||
| Jan 18, 2021 | No longer available | - | |
| No longer available | |||
| Nov 4, 2020 | Listed | $649,900 | |
| Listed | |||
| | |||
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Flexible Space, Walkable Neighborhood, Private Brick Patio & Garden. With more than 1,700 sq ft spread across three floors, this rare North Arlington townhome provides the privacy and flexibility needed for working, teaching, and loving your home. It features 3 bedrooms, 2 full baths, and 2 half baths. All 3 bedrooms are large enough to accommodate a king-size bed, dressers, and workspace. The main level features beautiful hardwood floors that flow through the cozy dining room space into the living room with tons of natural light and high ceilings that create an open feel. The roomy kitchen with recessed lighting is separated from this living space which provides excellent sound dampening. Converting to a full open floor plan in the future is an option. Upstairs, there are two lovely bedrooms with hardwood flooring and tiled bathrooms. The primary suite features a spacious ensuite bath with two vanities. Ample storage is provided by four large bedroom closets and two linen closets. Downstairs, in the lower level, there is the third bedroom/office, second full bath, and a wonderful family room with carpeting, a wet bar, and a wood-burning fireplace. Under-stair storage has the capacity for more than a dozen bins and miscellaneous items. The laundry area is tucked into the lower level hallway, hidden behind two sets of doors. The downstairs family room walks out to a brick patio area with garden and privacy fencing! Recent updates to the home include; lower-level bathroom shower (2020), high efficiency washer & dryer (2020), microwave (2018), brick patio (2018), lower-level carpet (2017), windows (2016), custom blinds (2016), high efficiency AC/heat (2015), hot water heater (2015), and dishwasher (2015). The roof was inspected in 2019; no need for repair or replacement! This townhome is nestled in a small, friendly complex of only 11 units on a quiet stretch of Lee Highway off-set from the main transit corridor. It is ideally located blocks from Woodstock Park and Lee Heights Shops, and it is zoned for top-rated schools. The Ballston corridor is only a mile away, and a bus stop across the street offers direct buses to Ballston (7 min), Rosslyn (12 min), and McPherson Square, D. C (30 min). There are also many restaurants and shops nearby! Each unit has 1 assigned parking spot, and there are three guest spots that are shared by the 11 units. HOA is based on number of occupants covers landscaping maintenance, but owners can customize their front and back gardens. Schedule an appointment today! The manager has listed the unit size as 1747 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/01/2021
|
3 Bed
|
2 Bath
|
1747 ft²
|
$625,000
3 Bed
2 Bath
1747 ft²
|
$675,000
+8.00%
08/04/2021
|
Martha Floyd
McEnearney Associates, Inc.
| |
|
11/04/2020
|
3 Bed
|
4 Bath
|
1747 ft²
|
$649,900
3 Bed
4 Bath
1747 ft²
|
$675,000
+3.86%
08/05/2021
|
Angela Allison
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017