8043 Lee Dr #2
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 3, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by MILEHIPROPERTY | $439,900 | |
| Listed by MILEHIPROPERTY | |||
| | |||
|
STUNNING AND BEAUTIFULLY UPDATED 2 BEDROOM S BATHROOM CONDO! PRIVATE OPEN SPACE FACING PATIO, SHORT DISTANCE TO TWO PONDS WETLANDS PRESERVE, STANDLEY LAKE, SCHOOLS, LIBRARY, SHOPPING AND MORE! TRUE ONE LEVEL LIVING! OPEN FLOOR CONCEPT WITH COZY FIREPLACE! DETACHED ONE CAR GARAGE AND RESERVED PARKING SPACE AS WELL! TRUE PRIDE OF OWNERSHIP THROUGHOUT! THIS ONE WILL NOT LAST, COME SEE!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/06/2026
|
2 Bed
|
2 Bath
|
1157 ft²
|
$410,000
2 Bed
2 Bath
1157 ft²
|
$417,500
+1.83%
08/14/2026
|
Pam Bent
RE/MAX Professionals
| |
|
08/10/2023
|
2 Bed
|
2 Bath
|
1389 ft²
|
$439,900
2 Bed
2 Bath
1389 ft²
|
$435,000
-1.11%
10/03/2023
|
Bob Bell
MILEHIPROPERTY
| |
|
04/28/2022
|
3 Bed
|
2 Bath
|
1327 ft²
|
$435,000
3 Bed
2 Bath
1327 ft²
|
$435,250
+0.06%
07/27/2022
|
Christen Brown
HomeSmart
| |
|
03/24/2022
|
2 Bed
|
2 Bath
|
1157 ft²
|
$365,000
2 Bed
2 Bath
1157 ft²
|
$420,000
+15.07%
04/25/2022
|
Jennifer Briseno
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017