2225 Madeira Circle
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 1, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | Listed by RE/MAX Executive | $749,000 | |
| Listed by RE/MAX Executive | |||
| May 18, 2024 | No longer available | - | |
| No longer available | |||
| Apr 27, 2024 | Price Decreased |
$749,999
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Apr 13, 2024 | Listed by Dane Warren Real Estate Inc. | $774,999 | |
| Listed by Dane Warren Real Estate Inc. | |||
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Don't miss out on the chance to be the owner of this beautiful home in the sought-after Tuscany neighborhood. This residence, crafted by K. Hovnanian, stands out for its exceptional quality and craftsmanship. you are greeted by a grand two-story foyer. On the left, there is a formal living area that could easily be transformed into a home office. Adjacent to it is the formal dining room. The main level features a spacious room that could be converted into a bedroom by simply adding a closet. The two-story living room offers an open layout that flows into the kitchen and sunroom, natural light from the expansive windows. you can enjoy the view of the flat backyard, which abuts a serene common area Upstairs, you have the option of two staircases leading you to 3 large guest bedrooms,guest bathroom The primary bedroom is spacious and includes a sitting area. The en-suite bathroom boasts two large closets, dual sinks, and a luxurious glass shower. The manager has listed the unit size as 3785 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017