3 Madison Circle #3
About This Property
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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.
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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. | |||
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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.
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| Jun 24, 2016 | Sold | ||
| Sold | |||
| Mar 28, 2016 | Listed by Riverside Realty | $350,000 | |
| Listed by Riverside Realty | |||
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All of the amenities that come with age restricted (55+) community condo living in a free standing, Cape style home. This home offers 3 bedrooms, one of which is a 1st floor master, and 2.5 bathrooms. Walk inside this open floor plan right into a two-story foyer and the spacious living room adorned with a gas fireplace. Off of the living room is a sun-filled dining area directly attached to a modern kitchen with stainless steel appliances. Tucked away is the large master en suite, bathroom with soaking tub, and stand up shower. Upstairs you will find two generous bedrooms supported by another full bathroom. Enjoy entertaining on your private deck overlooking a spacious, tree-lined backyard. Situated at the end of a cul-de-sac, this home is a perfect retreat.
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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