980 William Street
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 |
|---|---|---|---|
| Sep 20, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | No longer available | - | |
| No longer available | |||
| Aug 16, 2022 | Price Decreased |
$399,900
↓ $40K
(9.1%) | |
| Price Decreased | |||
| Aug 9, 2022 | Listed by Madison Realty Inc | $439,900 | |
| Listed by Madison Realty Inc | |||
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You don't want this property to slip by you! Located in one of the BEST and Quiet neighborhoods in downtown Madison, just behind Hill Park, this one floor rancher has it all. This 3Br/2 bath ranch has been completely remodeled interior in 2014 with all new kitchen and custom maple cabinetry. Gas cooktop in kitchen for those great cooks. Walls were removed so more it's now an open floor plan with gorgeous refinished hardwoods floors throughout and lots of natural light. Crown and base molding were added to elevate its aesthetic for a more modern feel. Warm and inviting, this house is like a BIG HUG. Low maintenance, with Easy access through the 2 car carport, plenty of carport storage, well insulated throughout- including attic, solid hardwood doors and brand new roof with a transferable warranty. Also, house new HVAC added in 2018, New Bosch dishwasher in 2020, new refrigerator 2018. The 3/4 acre backyard is like a park, with beautiful, old, established oak trees and and a lush lawn. Neat carport area has extra built ins for storage and workspace with a workbench. Outdoor studio/ playhouse/ storage added as a unique feature perfect for just enjoying backyard living. Or you can just relax with your morning coffee from your patio. Why build when you can move right on in. The manager has listed the unit size as 1624 square feet.
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| Jul 19, 2022 | Listed by Madison Realty | $399,900 | |
| Listed by Madison Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017