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953 Madison
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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | Listed by Red Oak Realty | $950,000 | |
| Listed by Red Oak Realty | |||
| | |||
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What treasure will you find behind this ranch-style, white picket fence just off Solano Avenue in the heart of the small town of Albany? Why, this charming, practical, single-level house with 2 bedrooms, 3 baths, and lots of extra space! It's got a practically perfect 97 WalkScore® and 98 BikeSscore™ from Walkscore.com, with access to everything that people love about Albany: Restaurants, markets, schools, BART, community, parks, and more! See it now before the sellers invest in a full marketing prep for January, and you can beat the competition! Modern updates include heat pump air conditioning, a refurbished kitchen, and a tankless water heater. Excellent condition including a modern Seismic Retrofit of the foundation. The garage has been converted into a flex space with separate access, a 3rd bathroom en suite, a kitchen sink, range hood and gas hook-ups*. Fantastic as an artist’s studio, home office or for whatever you can imagine!* But wait, you want just a bit more? Ok! How about: the shed with finished interior, wired with electricity which the seller used as 2nd office* and storage. Come see what the holiday season has in store for your future! *Buyer to investigate.
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| May 3, 2018 | Sold | ||
| Sold | |||
| Mar 22, 2018 | Listed by BHG RE RELIANCE PARTNERS | $849,000 | |
| Listed by BHG RE RELIANCE PARTNERS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017