49512 Constitution Drive
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 8, 2020 | Sold | ||
| Sold | |||
| Jul 15, 2020 | Listed by Bennion Deville Homes | $1,490,000 | |
| Listed by Bennion Deville Homes | |||
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This is truly one of a kind in the exquisite gated community of Madison Estates. This re-designed home has an expanded kitchen and additional TV room, 5 bedrooms plus a bonus room (prewired for use as a theater room) and 7 bathrooms which gives it over 5,600 square feet of open contemporary living space. The expansive great room has a large fireplace and full walk behind bar with ice-maker. Adjacent the great room is a gourmet kitchen with expansive center island which seats 10, custom cabinets, gorgeous granite, wine refrigerator upgraded stainless steel appliances, two dishwashers and complete with a walk-in pantry.The added casual TV room off the kitchen as well as the great room both feature expansive accordion doors giving full access to the covered patio and rear yard. A formal dining area with built-ins overlooks the intimate enclosed courtyard with access to the rotunda tower entry with a custom iron gate. The amazing master suite offers a contemporary fireplace, gorgeous master bath and walk-in closet with custom built-ins. The lavish landscaping surrounds the front and rear yards making it a true entertainers delight. Built in BBQ, fire pit,
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| Dec 12, 2019 | No longer available | - | |
| No longer available | |||
| Oct 20, 2019 | Listed | $1,490,000 | |
| Listed | |||
| | |||
|
This is truly one of a kind in the exquisite gated community of Madison Estates. This re-designed home has an expanded kitchen and additional TV room, 5 bedrooms plus a bonus room (prewired for use as a theater room) and 7 bathrooms which gives it over 5,600 square feet of open contemporary living space. The expansive great room has a large fireplace and full walk behind bar with ice-maker. Adjacent the great room is a gourmet kitchen with expansive center island which seats 10, custom cabinets, gorgeous granite, wine refrigerator upgraded stainless steel appliances, two dishwashers and complete with a walk-in pantry. With the addition of a casual TV area off the kitchen and the ability to open up the accordion doors in both the great room and TV room giving full access to the rear yard. A formal dining area with built-ins overlooks the intimate private courtyard with access to the rotunda tower entry with a custom iron gate. The large master suite is amazing with contemporary fireplace, gorgeous master bath and walk-in closet with custom built-ins. The lavish landscaping surrounds the front and rear yards making it a true entertainers delight. Built in BBQ, fire pit The manager has listed the unit size as 5628 square feet.
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| Sep 10, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017