3 Madison Circle #3
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%.
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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 17, 2019 | Sold | ||
| Sold | |||
| Apr 29, 2019 | Listed by The Mello Group, Inc. | $375,000 | |
| Listed by The Mello Group, Inc. | |||
| | |||
|
Peace and serenity abounds, beautiful Horton Estates,, an 55+ community located in So. Rehoboth. Some of the amenities include: This 3 point dormer cape has spacious bedrooms, first floor master suite. Living room with a gas fireplace, dining area, lower level family room, some gleaming hardwoods, first floor laundry, plus a 2 car garage. All this and more located at the end of a cul-de-sac. Association fee includes, master insurance, swimming pool,road maintenance,landscaping,snow removal,club house, and reserved funds.
| |||
| Jun 24, 2016 | Sold | ||
| Sold | |||
| Mar 28, 2016 | Listed by Riverside Realty | $350,000 | |
| Listed by Riverside Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/29/2019
|
3 Bed
|
3 Bath
|
1733 ft²
|
$375,000
3 Bed
3 Bath
1733 ft²
|
$361,000
-3.73%
09/17/2019
|
Evan Galkin
The Mello Group, Inc.
| |
|
03/28/2016
|
3 Bed
|
3 Bath
|
1733 ft²
|
$350,000
3 Bed
3 Bath
1733 ft²
|
$342,500
-2.14%
06/24/2016
|
Ryan Antrop
Residential Properties Ltd
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017