15 Madaline Drive
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 |
|---|---|---|---|
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Listed by FOX & FOXX REALTY, LLC | $599,000 | |
| Listed by FOX & FOXX REALTY, LLC | |||
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Beautiful Renovated Expanded Bi-level North Facing. Large Fenced in Backyard!! Offers: 5 Bedrooms, 2 Full Bath & a Half Bath. Newer Roof prime quality Shingles (1.5 Years) , Aluminum nose (2019) 30 Year Warranty, Remodeled Eat in Kitchen with Granite Counter Top , Backsplash , Recessed lighting , Pantry Cabinets , Tile Floor & Stainless steel Appliances (2018) Hardwood Floors Throughout. Renovated Bathrooms. Front Porch and Front Stairs , Iron Railings , Masonry work. Replaced windows. Newer Double Driveway (1.5 years). New Electric Wiring , Main switch , Electrical Box (2018) New Front and Back Landscaping. 2 Wooden Storage Sheds. Remodeled Bathroom. Phenomenal Location, Close to Trains and Bus. North Edison Schools. showings begin 06/24 The manager has listed the unit size as 2000 square feet.
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| Jun 7, 2021 | Listed by FOX & FOXX REALTY, LLC | $599,000 | |
| Listed by FOX & FOXX REALTY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017