
18
Map


1304 Madison Lane SE
About This Property
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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 |
---|---|---|---|
Jun 21, 2021 | Sold to Abby Katherine Watson, John... | ||
Sold to Abby Katherine Watson, John... | |||
May 20, 2021 | Listed by Solid Source Realty, Inc. | $249,000 | |
Listed by Solid Source Realty, Inc. | |||
Aug 29, 2014 | Sold to Village Holdings Llc Madison | ||
Sold to Village Holdings Llc Madison |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/20/2021
| |
3 Bed
|
2 Bath
|
1402 ft²
|
$249,000
3 Bed
2 Bath
1402 ft²
|
$255,000
+2.41%
06/21/2021
|
Noelle Galper
Solid Source Realty, Inc.
|
Building Info
