18904 Madrone Street
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 20, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Listed by Coldwell Banker Icon | $425,000 | |
| Listed by Coldwell Banker Icon | |||
| | |||
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Professional photos coming soon!!
Welcome to this spacious 4-bedroom, 2-bathroom home offering 1,744 sq ft of comfortable living space on an expansive 18,000+ sq ft lot. Built in 2003, this well-laid-out property features an open and functional floor plan ideal for both everyday living and entertaining.
The generous lot provides endless possibilities , it currently houses 2 chicken coops and a shed. There is plenty of room for outdoor entertaining, a pool, garden, RV parking, or future expansion. The home has been well maintained and offers a solid foundation, with minor carpet wear that presents a simple opportunity for cosmetic updates and instant value.
Located in an established neighborhood, this property is perfect for buyers looking to personalize a home while enjoying space, privacy, and long-term potential. A rare find with this lot size—don’t miss it!
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| May 8, 2018 | Sold | ||
| Sold | |||
| Feb 14, 2018 | Listed by KELLER WILLIAMS VICTOR VALLEY | $285,000 | |
| Listed by KELLER WILLIAMS VICTOR VALLEY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017