72 Madison Ave
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 23, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Gibson Sotheby's International Realty | $895,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Experience the seamless blend of indoor and outdoor comfort and convenience at 72 Madison Ave, with easy access to Peirce Elementary, McClennen Park and Arlington Reservoir in the Mount Gilboa neighborhood. Upon entry, you are greeted with an expanded living room with charming bay window and hardwood floors that flows into the stylish dining room. The well-appointed kitchen features stainless steel appliances and plenty of cabinet and counter space, plus access to your backyard oasis, complete with screened-in porch, patio and a sprawling backyard. The first floor also features a bedroom and full bathroom. Upstairs, the recently renovated second floor features two large bedrooms and a full bathroom with double vanity. The long list of updates to this home includes a new hot water heater in 2023, exterior paint in 2022, new kitchen appliances and laundry in 2020, new windows in 2019 and top floor dormer and bath installed, electric heat pump heat and AC in 2018.
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| Oct 15, 2008 | Sold | ||
| Sold | |||
| Aug 21, 2008 | Listed by Gibson Sotheby's International Realty | $409,900 | |
| Listed by Gibson Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017