337 Madison Street
About This Property
This adorable 3 bedroom 1.5 bath home with new flooring a large yard, gazebo, and large oversized shed. Master bedroom has 2 closets and the main level is bright with great natural light. All close to shopping, parks, restaurants, schools, and great highway access. This home was built in 1991 and has a new roof (2019), central air (2019).
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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 11, 2022 | Sold | ||
| Sold | |||
| Dec 29, 2021 | Listed by Century 21 Affiliated - Jackson | $125,000 | |
| Listed by Century 21 Affiliated - Jackson | |||
| May 23, 2019 | Sold | ||
| Sold | |||
| Mar 21, 2019 | Listed by Century 21 Affiliated - Jackson | $95,000 | |
| Listed by Century 21 Affiliated - Jackson | |||
| Feb 11, 2019 | Sold | ||
| Sold | |||
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Last Updated: 10 months ago
Data Source: MichRIC, MLS# 21119317
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017