5044 Lee Road
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 |
|---|---|---|---|
| Mar 31, 2020 | Sold | ||
| Sold | |||
| Nov 11, 2019 | Listed by HARRY NORMAN REALTORS | $238,000 | |
| Listed by HARRY NORMAN REALTORS | |||
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Bring your Horses!!!! 2 stall barn with Tac Room, Hay Storage and electricity. Enjoy your morning coffee on your screened porch overlooking your horses grazing in the fenced pasture. Entire Property is Gated and Fenced for your privacy! This spacious 4 Bedroom, 3 Bathroom Ranch Home offers a Private Master Suite and Split Bedroom Plan with Open Oversized Great Room and Separate Sunroom just waiting for your updates and personal touches. New roof and well pump!! Chicken Coop and 2 additional out-buildings for storage. Best of both Worlds -- Country Living and only a few minutes from grocery store, restaurants and pharmacy! Property Qualifies for USDA 100% financing
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| Nov 9, 2019 | No longer available | - | |
| No longer available | |||
| Oct 29, 2019 | Price Increased |
$236,000
↑ $5K
(2.2%) | |
| Price Increased | |||
| Oct 23, 2019 | Price Decreased |
$230,999
↓ $9K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017