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89 Madrone Terrace Place
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by CB&A, Realtors- Southeast | $1,049,000 | |
| Listed by CB&A, Realtors- Southeast | |||
| May 3, 2022 | Sold | ||
| Sold | |||
| Feb 11, 2022 | Listed by RE/MAX The Woodlands & Spring | $825,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Brand new home- never lived in- 0.4 acre lot backing to trees with no back neighbors! Tons of upgrades in this Darling/Taylor Morrison home. Fantastic outdoor living with covered porch with surround sound, outdoor fireplace, and plumbed for outdoor kitchen. Beautiful hardwoods and winding staircase! 2 bedrooms down - guest has direct access full bath! Office study w/French doors. Gorgeous 2 story Family room with cast stone gas log fireplace. Kitchen with granite counters, farmhouse sink, under-cabinet lights, walk-in pantry, decorative tile backsplash, soft-close drawers/cabinets. Island with breakfast seating. Huge dining area with 3 walls of windows and treed back yard views. Owner suite with incredible walk-in shower & vessel tub. Huge 10x12' closet. Upstairs are 2 additional bedrooms, full bath, large game room, media room with surround speakers, and guest half bath. Huge yard has pool plumbing and electrical already in place for your dream pool! See upgrades
& video on-line!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017