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48 MADISON AVENUE
About This Property
A welcoming front porch leads into a spacious home filled with character and potential. The first floor features a large kitchen, dining room, first-floor laundry, and a full bathroom. Original hardwood floors throughout much of the home add warmth and charm.
The second floor offers three generously sized bedrooms and a full bathroom. The third floor includes a large bonus space with plenty of flexibility-perfect for a fourth bedroom, home office, hobby space, or storage.
Whether you're a first-time buyer, investor, or handyman looking for your next project, this property offers the opportunity to renovate, personalize, and add value.
Come see the possibilities and make this Mt. Holly property your own!
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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 23, 2026 | Price Decreased |
$290,000
↓ $9K
(3%) | |
| Price Decreased | |||
| Oct 2, 2026 | Listed by Redfin | $299,000 | |
| Listed by Redfin | |||
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Price Decreased |
$289,900
↓ $9K
(3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017