50 Lee Rd
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 |
|---|---|---|---|
| Dec 21, 2022 | Sold | ||
| Sold | |||
| Nov 7, 2022 | In contract | - | |
| In contract | |||
| Nov 2, 2022 | Price Decreased |
$2,199,999
↓ $100K
(4.4%) | |
| Price Decreased | |||
| Oct 26, 2022 | Price Decreased |
$2,299,999
↓ $50K
(2.1%) | |
| Price Decreased | |||
| Oct 11, 2022 | Listed by Keller Williams Realty | $2,350,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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OH SAT 11-1 AND SUN 1-3. Ready for move-in. 2022 Needham home w superior craftsmanship in wonderful neighborhood. 4844 sq ft on 3 floors means large rooms. Large back yard ready for pool or sport court. Beautiful cafe style kitchen w large island, open shelving, and 36” range. Elegant family room w gas fireplace, built-in shelving, and slider to patio. Large mudroom w walk-in pantry, half bath, and large cubby area. 4 large en suite bedrooms and awesome hall shelving on 2nd floor. Double entry doors, beautiful accent wall, large bath, and walk-in closet in main bedroom suite. Laundry room has fun tile floor, stainless sink, folding space, hanging bar, and closet. 3rd floor has a bedroom, play room, and full bath. Basement is ready to be finished w insulation, studs, and a roughed-in bathroom already in place. Create what you like such as a bar, gym, home theater, or wine room. Systems room reflects the builder’s pride in his work. Se vende, no se alquila.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017