29 Madison Rd
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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Home Front Home Services | $399,900 | |
| Listed by Home Front Home Services | |||
| | |||
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This wonderful ranch style home offers more than meets the eye! As your walk up the front steps you are greeted by an expansive front porch, perfect for a morning coffee or an evening cocktail. Once inside, you will find Brazilian hardwood floors throughout the home, with an open concept living room area just off the kitchen. If you need a little more room to stretch out, just make your way to the partially finished basement. Perfect for a man cave, family room, or even a fabulous office space. The backyard offers even more space for entertaining with a partially in ground pool at the rear of the yard. Laundry is located in the basement. Close to East Lake where you can enjoy canoeing, fishing, and more! Easy 45 min commuter rail commute to Boston. First showings at open house.
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| Nov 2, 2007 | Sold | ||
| Sold | |||
| Sep 11, 2007 | Listed by Home Front Home Services | $279,900 | |
| Listed by Home Front Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017