921 Lee Street
About This Property
Sitting on two spacious town lots measuring 100 ft wide X 115 ft deep, this property offers ample outdoor space with a large side yard, a private driveway, & parking area. The recent updates include a new vapor barrier installed and trees trimmed in 2023, a new roof in 2021, new carpet and vinyl plank flooring in kitchen and living room, freshly painted in 2022, and the addition of central AC and new mini splits for cooling, along with a natural gas tankless hot water heater for energy efficiency in 2018.
Noteworthy features include original lead glass front door and windows exuding timeless elegance, a fenced side yard with an above-ground pool for outdoor enjoyment, and a finished basement with original plaster walls for extra living space and more storage. The garage was converted in 2019 into a two-level game room or "man cave" with loads of extra storage with insulation, heating and cooling via mini-splits, and a full bath with a shower, plus an extra half bath.
The property includes a player piano w/ approx 75 rolls.
Schedule a viewing today and seize the opportunity to make this distinctive property your own! This is a relocation and any offer needs to be written as GRAEBEL Relocation Services as the seller.
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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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by Coldwell Banker Traditions | $360,000 | |
| Listed by Coldwell Banker Traditions | |||
| Aug 30, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by Coldwell Banker Traditions | $299,900 | |
| Listed by Coldwell Banker Traditions | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017