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2716 Madrigal Lane
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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 27, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by Waterman Real Estate, Inc. | $369,900 | |
| Listed by Waterman Real Estate, Inc. | |||
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Meticulously Maintained, Fully Updated 3-BR, 2-BA residence w/ 2-car garage nestled on a serene cul-de-sac w/ sidewalk in sought-after WESTBROOKE. This home showcases an open floor plan featuring a spacious kitchen w/ high-end cabinetry, granite countertops, & a breakfast nook overlooking picturesque views thru the Palladian window adorned w/ plantation shutters. Exquisite finishes throughout, incl. tile, luxury vinyl flooring, quartz countertops, marble tile, & soothing pebble work. The master suite is a retreat w/ dual sinks & a walk-in closet. Enjoy FL living w/ a covered lanai overlooking serene canal & preserve views, ensuring privacy & tranquility for years to come as no further development is possible behind the property. 2023 ROOF & hurricane shutters. Year-round community-maintained pool & adjacent sports park. This prime location offers easy access to amenities, TOP RATED SCHOOLS, shopping, and dining. Act now!
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| Sep 28, 2018 | No longer available | - | |
| No longer available | |||
| Sep 27, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017