415 Maddock Street
About This Property
Open plan living with vaulted ceilings in a great room open to the dining area and kitchen. Master suite with walk-in closet and volume ceilings. Another bedroom and bath are off of the great room.
In the rear of the property there are another two rooms that don't have closets, but could be good playrooms or guest rooms or home offices.
The home sits high and mighty with a fenced yard and covered patio with new landscaping.
All of this in the South Olive Elementary School district - close to South Olive Tennis, the Rec Center, and just 4 blocks from the waterfron
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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%.
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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.
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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Listed by Mastropieri Group LLC | $700,000 | |
| Listed by Mastropieri Group LLC | |||
| |||
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ABSOLUTELY GORGEOUS FULLY RENOVATED SINGLE FAMILY HOME | PRIME WEST PALM BEACH LOCATION | Bright Open Split Floor Plan | Porcelain Floors | LED Recessed Lights | Vaulted Ceiling | Stunning Eat-In Kitchen | Large Breakfast Bar | Serving Bar | Quartz Counters | 42' Wood Cabinets | Pantry | S/S Appliances | Wine Fridge | Huge Primary Suite | Custom Walk-In Closet | Ensuite with Dual Sink Vanity & Glass Shower | Bonus 2nd Primary Bedroom & In-Home Office | Immaculate Tropical Oasis Backyard | Turf Grass | Putting Green | Covered Patio | Vinyl Fence | Shed | Large Driveway | Boat & RV Parking | New 2020 Washer & Dryer | Freshly Painted Exterior & Interior | Minutes to Mary Brandon Park | Downtown West Palm | PBI Airport | Beaches | IMPACT DOORS & WINDOWS | NEW WH 2025 | AC 2025 | Roof 2017
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| Sep 22, 2017 | Sold | ||
| Sold | |||
| Aug 4, 2017 | Listed by Kiely Real Estate, LLC | $324,900 | |
| Listed by Kiely Real Estate, LLC | |||
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About Forest Ridge Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017