1528 Madrid Dr.
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 |
|---|---|---|---|
| Apr 4, 2019 | Sold | ||
| Sold | |||
| Jan 15, 2019 | Listed by Coldwell Banker Res Brokerage | $575,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
| Nov 2, 2016 | Sold | ||
| Sold | |||
| Jul 14, 2016 | Listed by Swell Property | $485,000 | |
| Listed by Swell Property | |||
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Incredible value in the highly sought after Shadowridge! Very quiet and peaceful neighborhood with a tranquil breeze, this turn key home has great flow while featuring the master suite on the entry level. This home is a true indication of pride of ownership. Two fireplaces, living and dining rooms have vaulted ceilings, new paint, new flooring throughout and central air conditioning. Beautiful views. Inviting community pool and spa. Close to the golf course and no Mello-Roos! Neighborhoods: Shadowridge Complex Features: ,,, Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017