31
Map
255 Madison 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 |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Nov 29, 2023 | Listed by Serhant LLC | $469,999 | |
| Listed by Serhant LLC | |||
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Discover modern living in this meticulously crafted 4-bedroom, 3-bathroom residence in Mastic Beach, seamlessly combining luxury with functionality. The heart of the home features quartz countertops, stainless steel appliances, and brand new cabinets creating a stylish and efficient space for culinary enthusiasts. Hardwood floors throughout add a touch of warmth and elegance, providing a seamless flow from room to room. Retreat to the comfort of the primary en-suite, one of three brand new bathrooms, or discover a cozy sitting area upstairs, perfect for unwinding or movie nights. Energy efficiency is maximized with a fully updated 150 AMP electrical panel, along with brand new windows and siding. Personalized climate control is at your fingertips with mini split units in every room. The full basement, boasting high ceilings, presents an opportunity for expansion and endless possibilities. Nestled on a large lot, there's plenty of room for outdoor activities.
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| May 23, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017