89 Lee Drive
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 19, 2011 | Sold | ||
| Sold | |||
| Mar 1, 2011 | Listed by Coldwell Banker Residential Brokerage - Concord | $645,000 | |
| Listed by Coldwell Banker Residential Brokerage - Concord | |||
| Aug 18, 2010 | Listed by Coldwell Banker Residential Brokerage - Concord | $650,000 | |
| Listed by Coldwell Banker Residential Brokerage - Concord | |||
| Mar 31, 2010 | Listed | $729,000 | |
| Listed | |||
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DON'T MISS the chance to live on a cul de sac on .92 acres of land in one of Concord's finest neighborhoods! Spacious home for a growing family boasts 4 bdrms, eat in kitchen, dining, living rm, sparkling hdwd floors, 2 1/2 bths,1st floor laundry & bonus storage rm. Lovely tiled family rm with French doors leads to a beautiful fenced backyard where you will have many hours of family fun, inc. swim & tennis! Abuts conservation trails & is located in the coveted Thoreau School district. A gem!
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| Oct 10, 1997 | Sold | ||
| Sold | |||
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