59 aka 61 Lee Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | In contract | - | |
| In contract | |||
| Apr 30, 2021 | Listed by Compass Greater NY, LLC | $640,000 | |
| Listed by Compass Greater NY, LLC | |||
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Welcome to Lee Avenue, where the city greets the suburbs! This charming colonial located in the Tibbets Hills section of Yonkers has been well taken care of and cherished for many years. This home may look small on the outside, but it's surprisingly spacious on the inside. Upon entry, you are welcomed by a sundrenched living room that leads into an inviting dining room and spacious kitchen with all stainless steel appliances. Enjoy a bedroom, an office/den, and a full bathroom on the main floor. The second floor features an additional full hall bath, 4 bedrooms including the master bedroom w/ a sizeable en-suite bathroom. The attic provides tons of space for storage, as does the finished basement that has a side exit to the driveway. The basement offers a laundry/utility room, half bathroom, workshop, and a family room. The backyard is flat, spacious, and private - it's great for entertaining. The side yard has a patio and a mature vegetable garden. The driveway fits up to three cars tandem, plus additional street parking. This home is zoned for a two-family and can be potentially converted as such upon approval from the City of Yonkers. This is an excellent location, with a high walkability factor, under half a mile to the NYC border, and conveniently close to all major public transportation hubs, highways, shops, parks & hiking trails.
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| Apr 19, 2021 | Listed by Compass Greater NY, LLC | $640,000 | |
| Listed by Compass Greater NY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017