370 Madison Drive
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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 |
|---|---|---|---|
| Jun 30, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by Intero Real Estate Services | $998,000 | |
| Listed by Intero Real Estate Services | |||
| Jul 3, 2020 | No longer available | - | |
| No longer available | |||
| Apr 18, 2020 | Listed | $978,000 | |
| Listed | |||
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Light & Bright 3 Bedroom, 2 Bathroom Home with Custom Features Throughout. Open Floor Plan Offers 1393+/- Sq Ft of Living Space with a Spacious Formal Living Room with an Open Beam Ceiling, Plantation Shutters and Wood Burning Fireplace. The Remodeled Kitchen Includes White Cabinets, Quartz Countertops, Gas Range Cooktop, SS Dishwasher, Modern Tray Ceiling w/fan, Breakfast Bar, & Windows Overlooking the Private Backyard. Additional Amenities Include Solar Panels, Solar Attic Fan, Sun Tunnel in the Hall, Crown Molding, Remodeled Bathrooms, High-End Interior Doors, DP Windows, Laminate and Custom Tile Flooring Throughout. Relax in the Private Backyard with Stamped Concrete, Drought-resistant Landscaping, Trex Decking Surrounding the Beautiful Semi-Above Ground Pool. Also Included is the Spacious Tuff Shed that has been Transformed into a Childrens Playroom! Property Neighbors Canoas Creek & La Colina Park with a View of the Hills! The manager has listed the unit size as 1393 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017