48 Old Lee Road
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 12, 2021 | No longer available | - | |
| No longer available | |||
| Jun 8, 2021 | Listed | $699,900 | |
| Listed | |||
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Wonderfully maintained "like new" Exeter school district 4 bedroom colonial set on a level landscaped lot with private patio and fire pit area. Be prepared to be impressed when you step onto the the lovely classic covered porch, plenty of area for relaxing & enjoying the sights and sounds of local wildlife. Enter the open foyer with hardwood flooring and turned staircase. Love entertaining? Imagine gathering in the open concept dining room. Front to back family room with lots of windows and gas fireplace. Sunny eat in kitchen with back yard views, cherry finish cabinetry with soft close, granite countertops, SS appliances and breakfast bar. Second floor offers a primary bedroom with private bath including shower, soaking tub, double sinks & walk in closet. Three additional bedrooms & second floor laundry. Lower level includes recreation area, perfect for in home gym, work space, craft area or media room. Key features: Central air, on demand water heater, vinyl siding, composite decking, shed and various fruit trees (pear, peaches and apple)! Love to be outdoors? Local rail trail only minutes away, plenty of options such as hiking, biking and dog walking. Other benefits to Newfields residents are public library, local public boat launch and the quintessential Newfields country store! Located in the much sought after Exeter school district, this home offers that new home feeling without the expense and the wait. Delayed Showings begin June 10, 2021 @ Public Open House 1-3pm. The manager has listed the unit size as 2892 square feet.
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| May 12, 2017 | Sold | ||
| Sold | |||
| Mar 20, 2017 | Listed by Coco, Early & Associates/Bridge Realty | $449,900 | |
| Listed by Coco, Early & Associates/Bridge Realty | |||
| Oct 24, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017