121 MADISON CIRCLE
About This Property
Dive into the vibe of the expansive family room, where a roaring gas fireplace sets the stage for epic movie nights or lively gatherings. This level also has 2 bedrooms and a full bath.Step onto the massive second-level deck and prepare to be wowed-stunning lake views make every sunrise coffee or sunset soiree absolutely unforgettable. Upstairs, two spacious bedrooms and a chic half bath await, with one bedroom reimagined as the ultimate glam-up station for your morning routine.
The walk-out basement is a game-changer! Cozy up by the wood-burning stove in the huge family room, complete with a full bath, one extra bedroom, and a handy laundry zone with chest freezer that conveys. Roll out the welcome mat on the charming covered front porch, and with ample parking, your guests will never want to leave. Don't miss the backyard's large shed-a perfect hideout for storage or your next DIY masterpiece. This Lake of the Woods gem is your all-access pass to waterfront thrills, relaxation, and non-stop fun!
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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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Nov 2, 2025 | Price Decreased |
$420,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Oct 8, 2025 | Price Decreased |
$429,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 13, 2025 | Listed by Redfin Corporation | $435,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017