50 MADESTONE LN
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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 15, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by Century 21 Veterans-Newtown | $180,000 | |
| Listed by Century 21 Veterans-Newtown | |||
| Nov 25, 2017 | Sold | ||
| Sold | |||
| Sep 14, 2017 | Listed by MLS Direct | $74,000 | |
| Listed by MLS Direct | |||
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HUD Home. Year Built 1961, LBP is required for all properties built before 1978. Sold "AS IS" by elec. bid only. Prop avail 09/14/2017. Bids due by 09/23/2017 11:59 PM Central Time then daily until sold. FHA Case #351-488306. Insured w Escrow Repairs. Eligible for FHA 203K. Financing Terms: FHA 203K, FHA 203B, Cash or Conventional Finance. With a little elbow grease this spacious cape cod home with over sized yard can be your home. Close to schools and parks. Don't miss out on the opportunity. Buyer to verify all information prior to bidding. Go to website for more information or to place a bid. Buyer is responsible for their own investigative information on SqFt of home, Room Sizes, Bathroom counts, taxes and all other information regarding this home. This home is a AS-IS Sale with buyer being responsible for all inspections and repairs including CO and other township inspections. Availability and status of sale type are subject to change at any time. This home is currently available for $100.00 Total Down Payment if purchased with FHA Insured loan. $100.00 Down Payment is a Limited time opportunity. Buyer must be an owner occupant purchaser. Buyer choses their own lender. For Limited time HUD is giving a $500 Selling Broker Bonus for FHA 203K Sales. See attached addendum & Disclosures.
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Property Highlights
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017