831 Lee Circle
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 |
|---|---|---|---|
| Oct 19, 2020 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by Century 21 MVP | $195,000 | |
| Listed by Century 21 MVP | |||
| Feb 15, 2019 | Sold | ||
| Sold | |||
| Aug 28, 2018 | Listed by Dream Catcher Realty | $149,500 | |
| Listed by Dream Catcher Realty | |||
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Ideally located close to the Parkway, fine dinning and all the fun filled major attractions. This home is unique not a cookie cutter run of the mill type of home. It is surrounded with mature hardwood trees affording you privacy as well as beauty. The massive lot slopes gently down to a large creek. Inside the home there are 2 good sized master suites each with its own full bathroom. One of the master suites is downstairs with an outside entrance to the huge deck overlooking the creek. The deck has ample room for a barbecue grill, table & chairs and additional seating perfect for entertaining. The other master suite is upstairs with an outside entrance and small deck. This home would make a great starter home, retirement home or investment property given the location. This property is owned by the US Dept. of HUD & is being sold ''AS IS''. The case # is 481-286477. Seller makes no representations or warranties as to property condition. Seller may contribute up to 3% for buyers closing costs, upon buyer request. For FHA financing purposes this house is condition code ie (insurable) subject to FHA appraisal. This property may have lead based paint since it was built before 1978. HUD is an equal housing opportunity seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017