10183 Madrid Way
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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Listed by eXp Realty of California, Inc. | $929,000 | |
| Listed by eXp Realty of California, Inc. | |||
| Jun 20, 2025 | Listed | $999,000 | |
| Listed | |||
| | |||
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The Opportunity You’ve Been Waiting For! Welcome to 10183 Madrid Way a beautifully updated single-family home featuring 3 bedrooms, 2 baths, and 1,550 sqft of comfortable living space. But that’s not all… this property includes a fully remodeled attached ADU with its own private entrance, 1 bedroom, 1 bath, mini-splits, LED mirrors, and in-unit washer & dryer, perfect for high-income rental potential or extended family living. Sitting on an oversized 15,000 sqft lot with RV hookups and ample parking, this home offers flexibility for investors, owner-occupants, or multi-generational living. Don’t miss your chance to own this unique and income-generating property!
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| Apr 10, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017