5648 Ella Lee Lane
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 2, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by Martha Turner Sotheby's | $1,025,000 | |
| Listed by Martha Turner Sotheby's | |||
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Beautifully designed one-story brick home built in 2011 by Partners in Building & located near Tanglewood/Galleria. A covered front porch greets you as you enter the gracious foyer with arched doorways leading to living, dining, and family rooms. An island kitchen opens to breakfast and family rooms, and is appointed with KitchenAid appliances, granite island with gas cooktop, and walk-in pantry. The spacious Family Room has a wall of custom built-ins and 3 large windows overlooking a covered patio with fireplace, landscaped backyard, and fishpond. The Master Bedroom retreat is carpeted, has a large bathroom, oversized closet, and also overlooks the tranquil backyard. One of 2 other bedrooms has been converted into a home office. Other features include impressive high ceilings, plantation shutters, scraped hardwood floors, utility room in house, 2-car garage with covered walkway to house, automatic driveway gate, generator, mosquito system, and fully fenced yard.All appliances remain.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017