181 Madison Avenue
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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%.
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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 31, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Home and Hearth of Long Island | $529,990 | |
| Listed by Home and Hearth of Long Island | |||
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..Welcome to this delightful 4-bedroom, 1.5-bath colonial. The open front porch is inviting. Entertain guests in the living room with a fireplace and host dinners in the separate formal dining room. The first level features a large primary bedroom with skylights and sliders opening to the rear yard, while the second level includes three additional bedrooms. Hardwood floors are present throughout the first and second levels. The entire house has been freshly painted and cleaned, ready for its new owner. The basement, with a high ceiling, is waiting to be finished. This home is conveniently located near public transportation, schools, and parks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017