5 Leonard Ave
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Jan 12, 2025 | Price Decreased |
$289,900
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Jan 3, 2025 | Listed by Real Broker MA, LLC | $299,999 | |
| Listed by Real Broker MA, LLC | |||
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Charming 2 family centrally located! New year, new home! This home allows for rental of both floors or rent one floor and live in the other! Upstairs apartment is a charming 1 bedroom with a full kitchen and its own entrance, newer carpet, lots of light and tons of closet space! Downstairs unit is 2 bedrooms with new vinyl flooring in the expansive kitchen and large bathroom, original wood floors throughout the rest of the living space. Bedrooms are generous size with a combo washer/dryer unit in the front closet! A detached oversized two car garage, very large yard, off street parking and many updates make this home a a no brainer! Featuring a new roof on both the home and the garage, new vinyl siding and gutters on the main home. New updated 200 amp electrical service, new hot water tank, updated appliances, updated bathrooms and light fixtures and sprayed in cellulose insulation make this home energy efficient! All updates 2022 APO.
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| Jan 22, 2023 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017