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1071 1069 Madison Ave
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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 20, 2026 | Relisted | $739,000 | |
| Relisted | |||
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| Jun 30, 2026 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| May 30, 2026 | Listed by Select Premier Properties | $749,000 | |
| Listed by Select Premier Properties | |||
| Jul 23, 2025 | Listed | $795,000 | |
| Listed | |||
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Two Legal Addresses — One Property Main home plus newly permitted Junior ADU (JADU) Each with its own private entrance and separate address Offset mortgage costs by living in one unit and renting out the other, or live in both Street-to-alley lot with spacious private parking and RV hookups Centrally located near shopping, Costco, Walmart, banks, and easy I-5 freeway access Just minutes from the new Gaylord Pacific Resort & Water Park, naval bases, and downtown Favorable zoning — neighboring parcels feature multiple units, offering future development potential This property combines flexibility, income potential, and long-term upside in a prime South Bay location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017