8261 Madera Avenue
About This Property
This home screams character, step into this move in ready home to be greeted by laminate flooring in the Family room with it's own chimney. Seller's have added some great touches to make this home flow, like a new kitchen granite counter top, Kitchen cabinets were extended for more counter space and are now white; A tasteful Apron Sink was installed to add a nice touch along with recessed lighting. Dining area has upgraded tile flooring to match the color schemes. All bedrooms have laminate flooring and textured ceilings and ceiling fans. Central air and heat. Large lot. We've got a covered patio, Volleyball court, a nice green area for your kids to come out and play and plenty of room for your outdoor ideas. This home will not last, come see it before its gone!!
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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 26, 2017 | Sold | ||
| Sold | |||
| Sep 21, 2017 | Listed by RE/MAX TIME REALTY | $259,900 | |
| Listed by RE/MAX TIME REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017