7 Lee Road
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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.
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 15, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by RE/MAX Benchmark Realty Group | $329,900 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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Adorable ranch in the heart of Cornwall! This 2 bedroom, 1 bath gem is located right in town and is walking distance to Cornwall Elementary School, a playground, track, and shops/restaurants on Main Street. It's also just a short distance to the town library, little league fields, town pool/park, and Ring's Pond. You can even watch the Fourth of July fireworks right from the comfort of your own yard! This sun-drenched beauty boasts a spacious living room that flows into an updated kitchen with granite countertops and stainless steel appliances. Two bedrooms and a gorgeous bathroom complete the home. The sprawling, fully fenced backyard with two concrete patios (one with hot tub hookup) is perfect for kids and pets. This home is virtually maintenance free with municipal services and natural gas heat. Other features include central air, a brand new Navien HVAC system (2024), Nest thermostat, brand new washer/dryer (Jan 2025), and a shed for all of your extra equipment! A true move-in ready home!
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| Jun 22, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Sold | ||
| Sold | |||
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About Firthcliffe
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$8,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017