1689 Madrone Gln
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 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 1, 2018 | Sold | ||
| Sold | |||
| May 14, 2018 | Listed | $479,900 | |
| Listed | |||
| | |||
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Charming well maintained split-level located within a gated community. Property boasts an open floor plan, cozy fireplace, and many upgrades throughout. Grand skylights and vaulted ceilings upstairs let the natural light cascade in. Neutral paint, crisp white trim, and elegant crown moldings. Large deck can be accessed just off the dining/kitchen area, making it perfect for entertaining. The kitchen features granite counter tops, stainless steel appliances and a functional layout. The manager has listed the unit size as 1485 square feet.
| |||
| May 4, 2018 | Listed by Redfin Corporation | $469,900 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017