14318 Madris
About This Property
The property does need some TLC, but it offers plenty of potential to customize and make it your own. An additional room and bathroom were added without permits and may provide an opportunity for future use or possible conversion. A portion of the detached garage has also been converted into additional living space without permits.
With its pool, spacious layout, detached garage, and added areas, this home is full of possibilities for the right buyer. Bring your ideas, and your creativity to transform this property into something truly special. A great opportunity to own a home in Norwalk and make it your own!
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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 |
|---|---|---|---|
| Oct 20, 2026 | Listed by Century 21 Allstars | $759,000 | |
| Listed by Century 21 Allstars | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017