17 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 |
|---|---|---|---|
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | Listed by Keller Williams Elite Realtors | $563,000 | |
| Listed by Keller Williams Elite Realtors | |||
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Beautiful and spacious property in North Edison, with 8 rooms, 4 bedrooms, 2.5 baths, living room, family room and kitchen with dining area. This property has a fully renovated kitchen with stainless steel appliances, an open floor plan, freshly painted, multiple fireplaces (gas & wood/electric), and sliding doors leading to the patio from the dining area. Living Room has sliding doors leading to the deck. Property has newer baths, newer windows, lots of natural light, finished basement with family room and exercise room. 2 attics, 2 car attached garage, with plenty of storage, a parklike yard full of possibilities, full sized shed, accessible to major highways and easy transportation. Schools are Martin Luther King (elementary), John Adams Middle School, John P. Stevens (High School).
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| Mar 7, 2020 | Listed | $584,900 | |
| Listed | |||
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Beautiful and spacious property in North Edison, with 8 rooms, 4 bedrooms, 2.5 baths, living room, family room and kitchen with dining area. This property has a fully renovated kitchen with stainless steel appliances, open floor plan, freshly painted, multiple fireplaces (gas & wood/electric), and sliding doors leading to the patio from the dining area. Living Room has sliding doors leading to the deck. Property has newer baths, newer windows, lots of natural light, finished basement with family room and exercise room. A 2 car attached garage, with plenty of parking, a parklike yard full of possibilities and is accessible to major highways and easy transportation. Schools are Martin Luther King (elementary), John Adams Middle School, John P. Stevens (High School). Near to Metro park, and Rahway train stations.
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| Feb 7, 2020 | Listed | $584,900 | |
| Listed | |||
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|
Beautiful and spacious property in North Edison, with 8 rooms, 4 bedrooms, 2.5 baths, living room, family room and kitchen w dining area. This property has a fully renovated kitchen w stainless steel appliances, open floor plan, freshly painted, multiple fireplaces (gas & wood/electric), and sliding doors leading to the patio from the dining area. Living Room has sliding doors leading to the deck. Property has newer baths, newer windows, lots of natural light, finished basement w family room and exercise room. A 2 car attached garage, with plenty of parking, a parklike yard full of possibilities and is accessible to major highways and easy transportation. Schools are Martin Luther King (elementary), John Adams Middle School, John P. Stevens (High School).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017