2809 Madison Avenue
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 30, 2020 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Listed by UTR TEXAS, REALTORS | $209,900 | |
| Listed by UTR TEXAS, REALTORS | |||
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Lovely classic home in Cambridge Village. Roof replaced & Foundation with Warranty installed 9/2020! Solar Panel Ready (2 New Solar Panels will need to be installed on the recent roof to take advantage of it but it saved the current owner a ton of money!) Entering the home you will find the living room is warm and welcoming with the gorgeous block wood paneling, wood floors and brick fireplace. Kitchen has lots of storage, updated Whirlpool Gold Series Cooktop, Kohler Stainless deep sink and beautiful granite counter tops. Refrigerator, Washer and Dryer are staying with the home! Corner Lot with a extra large detached garage including a workshop space, extra parking and a separate storage shed. French Drains in back yard. Screened in Patio is 18x7 and always shady and comfortable. Custom Solar Screens & NEST Thermostat. Don't miss seeing this one, paint to make it your own, a home with so many extras that you will enjoy for years! No Flooding History per seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017