2 Madison Ave
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 |
|---|---|---|---|
| Sep 29, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2021 | Price Decreased |
$799,900
↓ $70K
(8.1%) | |
| Price Decreased | |||
| Sep 9, 2021 | Listed by Keller Williams Realty Evolution | $869,900 | |
| Listed by Keller Williams Realty Evolution | |||
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Open House Sat Sept 25th @ 12 - 3 P.M. NEW PRICE! Spacious, well maintained & updated center entrance Colonial style 4 bedroom, 2.5 bath home. This inviting home features central A/C, hardwood floors, a large living room with gas fireplace, an updated eat in kitchen with induction cooktop, stainless steel appliances and granite countertops, as well as a sliding glass door to exterior deck, a formal dining room, first floor office/siting area and your laundry room. Second level boasts 4 bedrooms including a master suite with private bath and walk-in closet. Walk out lower level features family/game/entertainment room with dry bar and sliding glass door to backyard. Two car garage under. Landscaped yard includes irrigation and electronic dog fencing. Located on cul-de-sac street and close to downtown Danvers, area restaurants, two shopping malls and major highways. No showings until 1st open house/s. Covid safety protocols (masks/booties) in place. The manager has listed the unit size as 2976 square feet.
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| Jan 31, 2014 | Sold | ||
| Sold | |||
| May 15, 2013 | Listed by Keller Williams Realty Evolution | $524,999 | |
| Listed by Keller Williams Realty Evolution | |||
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Beautiful well maintained hip roof colonial. This home has all the features including irrigation/ security systems, beautiful hardwood floors, eat in kitchen and a formal living room equipped with gas fireplace. Large master bedroom with walk in closet and master bath. Walk out lower level which is partially finished with game room and custom bar. Street ends in cul-de-sac and is close to all major highways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017