5 Lee Way
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 |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Engel & Volkers By the Sea | $689,000 | |
| Listed by Engel & Volkers By the Sea | |||
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Step into this beautifully appointed 3-bedroom, 2-bathroom home designed for easy single-floor living with an attached 2-car garage. Gorgeous wood floors flow throughout, complemented by efficient radiant heat and central AC for year-round comfort. The kitchen is a true highlight, featuring a Wolf gas stove, Sub-Zero refrigerator, and plenty of space to create and gather. The versatile layout makes entertaining a breeze while offering cozy spaces to unwind including the four season sunroom set up to accommodate a hot tub! Just steps away, enjoy American Legion Park with trails, fields, and a scenic lake complete with a small public beach—perfect for summer fun. Offering the best of comfort, style, and location, this home is a must-see!
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| Jun 22, 2012 | Sold | ||
| Sold | |||
| Nov 10, 2011 | Listed by Century 21 N. Shore | $384,900 | |
| Listed by Century 21 N. Shore | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017