
36
Map


1102 Madison Lane #1102
About This Property
Listed By
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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 |
---|---|---|---|
May 7, 2025 | Listed by Compass | $299,900 | |
Listed by Compass | |||
Mar 27, 2014 | Sold | ||
Sold | |||
Feb 12, 2014 | Listed by THE SHEARER GROUP INC | $144,000 | |
Listed by THE SHEARER GROUP INC | |||
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Great low maintenance condo features upgraded kitchen plan with
cherry cabinets granite countertops and stainless steel appliances.
Awesome deal near the Smyrna Market Village. Master suite with huge
walk-in closet and spa like bath features seperate garden tub and
shower with frameless glass enclosure. Good sized secondary
bedrooms, nice deck with storage too.
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/12/2014
|
3 Bed
|
-
|
-
|
$144,000
3 Bed
-
|
$132,000
-8.33%
03/27/2014
|
-
|
Tiffany Shearer
The Shearer Group, Inc.
|
Building Info
