2233 Madison Street
About This Property
Fall in love with this immaculate, well-designed 3-bedroom, 2.5-bathroom home in the sought-after, tight-knit community of Hamilton Park. With stunning curb appeal, a brick and stone elevation, and thoughtful upgrades throughout, this home offers comfort, functionality, and modern style.
Step inside to find luxury vinyl plank flooring throughout, an open-concept layout, and a spacious gathering room anchored by an upgraded indoor fireplace - perfect for cozy evenings. The well-appointed kitchen features stainless steel appliances, a large pantry, and casual dining space, all flowing seamlessly into the living area for effortless entertaining.
Working from home is easy with a dedicated downstairs office, while upstairs you'll find the serene primary suite with his-and-hers closets, along with two additional bedrooms and a full bath.
One of the standout features of this home is the extra-large covered patio already plumbed for a gas grill, with a second fireplace - a perfect space for year-round outdoor entertaining.
You'll love the abundance of storage and closets throughout, plus the location can't be beat. Nestled in an established neighborhood with mature trees and no through-traffic, you're just minutes from Arbor Hills Nature Preserve, Grandscape, Legacy West, and Costco. Commuting is a breeze with quick access to Hwy 121 and the Dallas North Tollway.
This is the kind of home that checks all the boxes - charm, upgrades, great layout, and a welcoming community.
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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 26, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Price Decreased |
$550,000
↓ $50K
(8.3%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed by Keller Williams Realty DPR | $600,000 | |
| Listed by Keller Williams Realty DPR | |||
| May 1, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
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About Northeast Carrollton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017