7 Lee Avenue
About This Property
This delightful home features 3 bedrooms, 2 full baths, and approximately 1,600 square feet on nearly a quarter acre.
The updated kitchen opens to the dining area, which flows into a welcoming family room anchored by a brick fireplace. A separate living room with a bay window provides additional gathering space. The first floor also includes a bedroom and full bath, providing the convenience of one-level living.
Upstairs, the spacious primary bedroom and a second generously sized bedroom share a full bath with a conveniently located washer and dryer.
The walkout lower level, complete with sliding glass doors to the backyard, provides room for recreation, hobbies, or whatever suits your needs.
Outside, a patio, pergola, and storage shed complement the perennial gardens in both the front and back yards, adding color and seasonal interest.
Additional highlights include ductless AC, a flat driveway, and an attached one-car garage. Conveniently located near shopping, transportation, an award-winning public library, and major highways, with sidewalk-lined streets throughout the neighborhood.
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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 |
|---|---|---|---|
| Oct 28, 2026 | Listed by Compass Greater NY, LLC | $649,000 | |
| Listed by Compass Greater NY, LLC | |||
| Jul 26, 2016 | Sold | ||
| Sold | |||
| May 9, 2016 | Listed by William Raveis Legends Realty | $419,900 | |
| Listed by William Raveis Legends Realty | |||
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Gorgeous 3 bedroom/3bath home with architectural details throughout. Formal living room opens to dining area w/built-ins and beautiful kitchen featuring lots of wood cabinetry, granite and stainless steel appliances. Gleaming hardwood floors throughout first level.
Sliders out to oversized deck with with awning for summer entertaining. Natural light streams in to large family room from bay window. Bedroom has sliders to deck with hot tub. Also new full hall bath. Second level boasts large master bedroom, jack and jill bath and 3rd bedroom. Over 800 square feet of living space in lower level. Large open area with door out to yard and patio. Full bath, excercise room and office/den. Great for childrens playroom, extended family and guests. House is meticulous throughout. Much larger than appears.
Don't miss this one!!! Additional Information: ParkingFeatures:1 Car Attached,
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| May 21, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017