1571 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 |
|---|---|---|---|
| Mar 7, 2018 | Sold | ||
| Sold | |||
| Dec 6, 2017 | Listed by Century 21 Award | $649,000 | |
| Listed by Century 21 Award | |||
| May 18, 2015 | Sold | ||
| Sold | |||
| Feb 20, 2015 | Listed by Mike Litton, Broker | $545,000 | |
| Listed by Mike Litton, Broker | |||
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Walk in through the gated courtyard with stamped concrete to this fabulous 4 bedroom, 3 bath 2,297 Esf. home located in Mallorca a desirable community in Shadowridge. This delightful home is sure to captivate you from the moment you walk in the front door; Bright, airy, soaring 2 story ceilings welcome you into the formal living room and dining room with beautiful fireplace. The sunny kitchen has a breakfast nook with windows looking out to the lush landscaping in the backyard. Neighborhoods: Shadowridge Complex Features: , Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017