108 Madison Ave
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed | $1,399,000 | |
| Listed | |||
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Enter this special home & feel a warm, peaceful vibe that blends city style with farmhouse comfort. Perched above a quiet, dead-end street, natural light, privacy & pastoral views create an unexpected wow factor inside & out. Stellar kitchen—reimagined in 2019 by its chef/owner & featured in national publications—surprises with gas & induction cooking, oversized fridge & clever storage. Three spacious bedrooms include a king-sized primary. Showstopper sunroom/dining room, warmed by radiant heat & walls of glass, flows to a magical, rarely found outdoor sanctuary with multiple spaces for quiet relaxation or grand entertaining, day or night, across the seasons. Walk-out finished basement extends your living space for play, work or host guests. Workshop/storage too! Smart-home tech controls built-in speakers, NESTS, landscape lighting & irrigation. Close to the Res, TJ's, Wilson's, Bike Path & more. Come see—you won't want to leave! Offers due Monday, 5/19 by 3pm.
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| Dec 5, 2017 | Sold | ||
| Sold | |||
| Sep 14, 2017 | Listed by RE/MAX Leading Edge | $699,000 | |
| Listed by RE/MAX Leading Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017