9 Madigan Lane
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Keller Williams Realty-Merrimack | $849,900 | |
| Listed by Keller Williams Realty-Merrimack | |||
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Pride of ownership shines in this STUNNING expanded Cape-style home in a quiet cul-de-sac neighborhood close to the Groton town line. Featuring 4 beds, 2.5 baths & over 3300 sq-ft of living area, this quintessential home has SO much to offer. At the heart of the main level is the spacious eat-in kitchen, which leads into a formal dining room, a cozy living room w/ bay window overlooking the pool, and a hallway with 3-season sun room and stone patios on either side. The large Family room with brick fireplace provides great space for entertaining. First floor home office and half bath w/ laundry. Upstairs the massive Primary suite has a WIC and luxurious en-suite bath w/ soaking tub, shower stall & double vanity sinks. Three additional bedrooms, full bath, and a 2nd office room off one of the bedrooms. Full basement has exercise room, workshop area & TONS of closet/storage space! Relax out back on the stone patio & in-ground pool surrounded by privacy trees. Truly a unique home!
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| Apr 1, 2004 | Sold | ||
| Sold | |||
| Sep 18, 2003 | Listed by Keller Williams Realty-Merrimack | $529,900 | |
| Listed by Keller Williams Realty-Merrimack | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017