55 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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | Listed by Coldwell Banker Realty | $508,900 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to your new home. Located on a corner lot in a quiet neighborhood near the schools, shopping and Shaw Farm. This vintage fifties cape offers four bedrooms, two up and two down. During the warm weather enjoy your morning coffee or afternoon cocktail on the rear deck overlooking the beautiful backyard. The partially finished space in the basement is a great place to practice your crafts. A few years ago the owner had Mass Save do an energy audit which resulted in the installation $20,000 plus worth of insulation and energy up-grades. Take advantage of the potential this property has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017