7 Lea Court
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%.
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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.
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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Listed by Field Realty | $349,000 | |
| Listed by Field Realty | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Nov 26, 2019 | Listed by Howard Hanna | $247,000 | |
| Listed by Howard Hanna | |||
| | |||
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Make this contemporary home on convenient Colonie cul-de-sac your own. One owner since 1987 - updates needed throughout. Open floor plan. First floor Master w/ walk-in closet and en suite. Two BR upstairs - or office/loft. Treed yard with deck. Large, dry basement with sump pump. Listing agent related to owner. Sold as is. Property tax numbers obtained from Colonie - do not reflect current STAR and Veteran's exemptions. The manager has listed the unit size as 1500 square feet.
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About Albany
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017