486 Leonard Street
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%.
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 8, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed | $639,000 | |
| Listed | |||
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Move-in-ready home that offers comfort, space, and versatility. This beautifully maintained raised ranch offers flexible living space across two finished levels. The upper level features an open-concept living room that flows seamlessly into the updated kitchen with modern finishes, making it perfect for entertaining. A spacious family room with sliders leads to a large back deck overlooking a generous backyard—ideal for gatherings or quiet relaxation. Three well-sized bedrooms and a full bath complete the upper floor. The lower level offers even more living space, including a second family room, an additional full bath with a stand-up shower, and a potential fourth bedroom with an oversized walk-in closet—perfect for guests, extended family, or a private home office. Don’t miss the chance to make it yours! Showings begin at open house Saturday 5/17 & Sunday 5/18 1130am-1pm
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| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017