54 Madison Avenue
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Signature Premier Properties | $799,990 | |
| Listed by Signature Premier Properties | |||
| | |||
|
Ready to Move In! 3 Levels of Living Space Plus a Full Finished Basement. Open Floor Plan with Gleaming Hardwood Floors, Updated Kitchen with Breakfast Bar, Central Air, Huge 3rd Floor Primary Suite, Detached 2 Car Garage, Fenced Yard, Central Location! A Must See!
| |||
| Feb 24, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Feb 8, 2024 | Price Decreased |
$849,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Franklin Square
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,380 /mo
- 2 Beds
- 1 Bath
- 755 ft²
$6,500 /mo
- 5 Beds
- 2 Baths
- 1,969 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017