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512 Lennon 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 |
|---|---|---|---|
| May 22, 2024 | No longer available | - | |
| No longer available | |||
| Apr 24, 2024 | Price Decreased |
$430,000
↓ $25K
(5.5%) | |
| Price Decreased | |||
| Mar 16, 2024 | Listed by Alpine Realty | $455,000 | |
| Listed by Alpine Realty | |||
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This family home is near schools and parks. The home offers a covered porch and a good-sized entry. Very nice/private, back yard space and patio. Living room, dining, family room, 1/2 bath, Laundry on the 1st level. All bedrooms are upstairs with a full bath and a master bath. Heat is forced air/propane and Pellet Stove. The owner wants to sell as is as she does not want to be involved with repair or upgrades. The home has been rented for 8 years and is very livable, however, it could use some new cosmetics. 1916 Sq Ft per County Records. The furnace has failed we have report from Ray Mac. Repair cost $1,243 or replacement since furnace is 30 yrs. old, $5,485. Buyers may want to upgrade to mini splits, so passing on the info. Pest Report Section 1, $6,995 on Assoc Docs. The manager has listed the unit size as 1916 square feet.
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| Nov 14, 2012 | Sold | ||
| Sold | |||
| Dec 12, 2011 | Listed by StoneCrest Real Estate | $207,000 | |
| Listed by StoneCrest Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017