39 Madeira Drive
About This Property
The generous living room and dining combo boasts original hardwood flooring, creating the perfect entertaining space that flows seamlessly into the spacious modern dine-in kitchen, which features oak cabinets, updated flooring, stylish countertops and all appliances.
Additionally, the attached garage features a newly poured concrete floor and doubles as a delightful three-season room, complete with fitted carpet and garage door screens-perfect for relaxing and entertaining. The many updates include: 100 Amp electric 2011, Lennox Hi E furnace, central air both in 2008, concrete driveway, replacement windows, glass block windows, gutters and so much more. Don't miss the opportunity to make this well-loved home your own! showings begin immediately offers are due Thursday 9/25 at 2pm
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by HUNT Real Estate Corporation | $229,900 | |
| Listed by HUNT Real Estate Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017