7 Leonard Avenue
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%.
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 |
|---|---|---|---|
| May 1, 2020 | Sold | ||
| Sold | |||
| Jan 2, 2020 | Listed by VRI Homes | $449,900 | |
| Listed by VRI Homes | |||
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Tranquil waterview property located in desirable Leonardo section of Middletown. This gorgeous home features updated kitchen with Stainless steel appliances, Granite counters, new tile flooring and spectacular waterviews from kitchen. Wonderful deck off kitchen to sit and watch the boats go by. Dining area with hardwood flooring and great views. Spacious living room with hardwood flooring & views. Great for family gatherings. Large family room with fireplace. Laundry area offers additional full shower. The special home offers 3 bedrooms with hardwood flooring. Master with 1/2 bath. Large deck in back for bbq's and family fun. Middletown south schools.
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| May 31, 2012 | Sold | ||
| Sold | |||
| Mar 28, 2012 | Listed by Gloria Nilson & Co. Real Estate | $339,900 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017