38 Madeleine Avenue, New Rochelle, NY 10801
- $1,150,000
- 8
- BD
- 3
- BA
- Sold Price
- $1,150,000
- Days on Market
- 22
- Closing Date
- May 28, 2025
- MLS#
- 834759
- Status
- CLOSED
- Property Type
- Multifamily
- Subtype
- Triplex
- Year Built
- 1908
- Property Tax
- $23,872
- Neighborhood
- New Rochelle
- School District
- New Rochelle
- High School
- New Rochelle High School
- Jr. High
- Isaac E Young Middle School
- Elementary School
- Columbus
Property Description
Sound investment property with tenants in place on a month to month basis. Nothing to do but take possession and collect rent! Updates in 2019 include electrical, plumbing, windows, 3 new heating units, 3 new kitchens and baths, exterior painting, and paved parking lot. Tenants in each unit pays for their own gas and electric usage, which incudes a washer and gas dryer provided for each unit. Washer and dryer usage paid by tenants. Private, off-street parking on premises. Cap rate is 5.51%. Net operating income currently $60,628
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Additional Information
- Bedrooms
- 8
- Bathrooms
- 3
- Full Baths
- 3
- Acres
- 0.09
- Parking
- Driveway, Off Street, On Street, Parking Lot, Private
- Basement
- Common, Full, See Remarks
- Laundry
- In Basement
- Heating
- Natural Gas
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Sally K. Griffiths (sally.griffiths@raveis.com) from Listing Office: William Raveis Real Estate.
Selling Office: Houlihan Lawrence Inc..Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.