191 Madison Avenue
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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 13, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by Howard Hanna Rand Realty | $525,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Welcome to 191 Madison Ave in Prospect Park. This well-cared-for colonial is in a great location, close to buses, train, highways, stores, and park. Enter in the living room which flows into family room, hall bath, dining area and kitchen with door out to mud room and stairs down to yard. Rooms are interchangeable, dining room can be in front of back of home. On the 2nd floor you will find bedroom/bath/den, bedroom, master bedroom with cathedral ceilings. Lower level consist of family room, full bath, laundry and door out to garage. Updates include Bosch boiler, generator ready and new garage door. Taxes do not include star exemption.
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| Aug 28, 2017 | Sold | ||
| Sold | |||
| Mar 26, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017