49233 Constitution Drive
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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.
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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 1, 2026 | Listed by Equity Union | $1,569,000 | |
| Listed by Equity Union | |||
| May 2, 2017 | Sold | ||
| Sold | |||
| Jun 30, 2016 | Listed by Coldwell Banker Realty | $849,000 | |
| Listed by Coldwell Banker Realty | |||
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Better than New! Highly upgraded Estate-Sized pool home on half acre lot! Fantastic floorplan offers 4 bedrooms all w private baths, with one being detached casita. PLUS, there is a huge MULTI-PURPOSE Room upstairs with a private covered observation deck/balcony and private bath, currently the 5th private bedroom suite. Originally designed/built to be sold for $1.2Million AND IT SHOWS! Impressive Features include: Soaring Ceilings, Bright/Open GREAT ROOM Floor Plan, Chef's Kitchen w/Professional Grade Stainless Kitchen Aid Appliances, Sub Zero-Fridge, 2 Dishwashers and Custom built-in MEILI Coffee Machine, HUGE Slab Granite Island/Counters, Custom Backsplash, Oversized Base Molding, 8ft Solid Core Doors, Cat5 Wiring, Surround Sound/Ceiling Speakers/Wall Controls, Closed Circuit Security Camera System. Circular driveway. Beautiful Iron Entry Gate to enter private courtyard. Large side yards offer privacy. Beautiful Pool offer great views from Great Room Floor to Ceiling Sliding Doors
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| Oct 22, 2015 | Sold | ||
| Sold | |||
| Aug 1, 2015 | Listed by Bennion Deville Homes | $765,000 | |
| Listed by Bennion Deville Homes | |||
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BEST Price in Madison Estates, a Unique-Boutique Enclave of Affordable Luxury Homes, each on a Generous 1/2 Acre Lot. Why Buy New and Spend a Considerable Amount Completing the Home and Landscaping, when You Can Have a Pampered and Well Maintained one that is Priced Attractively, Upgraded, Tastefully Landscaped and Move-in Ready? You'll Appreciate the Impressive Features this Home Offers; Soaring Ceilings, Bright and Open Floor Plan, Chef's Kitchen w/ Kitchen Aid Appliances (Sub Zero-Fridge, Two Dishwashers), Slab Granite and Decorative Backsplash, Oversized Base Molding, 8' Solid Core Doors, Cat 5 Wiring throughout. There is also a Loft w/ Balcony that could be a Multi-Purpose Room or a Fifth Bedroom. You'll also Enjoy the Expansive Yard, the Pavers in Courtyard & Driveway, the Guest Casita and the Attention to Detail Throughout. Furnishings Available outside of Escrow. Located adjacent to the Polo Grounds, close to PGA West, the Madison Club and Old Town La Quinta. Bonus: Low HOA's!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017