409 Madison Lane
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%.
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 |
|---|---|---|---|
| Oct 2, 2026 | Sold | ||
| Sold | |||
| Sep 6, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Connie R. Ham Middle GA Realty | $685,000 | |
| Listed by Connie R. Ham Middle GA Realty | |||
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | Listed by Connie R. Ham Middle Ga Realty | $659,000 | |
| Listed by Connie R. Ham Middle Ga Realty | |||
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Discover tranquility and privacy on this expansive 13.5-acre estate nestled in Monroe County. This all-brick beauty boasts 3 bedrooms, 2.5 baths, and a wealth of luxurious features. Step into the gourmet kitchen where exposed beams accentuate the spaciousness, complemented by a breakfast bar and upgraded stainless steel appliances. Hardwood floors grace the entire home, while extensive trim work and high ceilings add elegance at every turn. Enjoy the ambiance provided by plantation shutters throughout. The main level offers a formal living room or office space, a sunroom perfect for relaxation, and generously sized secondary bedrooms complete with walk-in closets. Retreat to the private master suite featuring an adjacent sitting room for quiet moments. Outside, an inground pool surrounded by flagstone decking beckons for leisurely days and evenings of entertainment. Impeccable landscaping enhances the serene atmosphere, offering a picturesque backdrop. Additional highlights include a 20x30 wired workshop with a 21 ft lean-to, ideal for hobbies or storage needs. Don't miss the opportunity to own this exceptional property where luxury meets tranquility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017