615 Leonard Boulevard
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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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Relisted | $788,000 | |
| Relisted | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Douglas Elliman Real Estate | $788,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to your New Home! As you enter, you're greeted by an abundance of sunlight along with hardwood floors throughout. The Updated Eat in Kitchen with granite countertops is equipped with ample cabinetry for storage. Adjacent to the kitchen is a Formal Dining room, ideal for hosting gatherings and enjoying meals. step down to a large sunken living room, the Updated full bathroom is conveniently located on the first floor. The primary bedroom is extra-large, with 2 double closets. there is an additional 2 bedrooms. The partially full finished basement has two rooms that can be used as a movie room or playroom. Along with the laundry room & Boiler room. The Outside property has beautiful landscaping. Close to Transportation, shopping, highways, LIRR, Hospitals and more. Don't miss this one!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017