#805253, Listing Office: Exp Realty
38 Madeleine Ave New Rochelle, NY 10801
Property details
About 38 Madeleine Ave
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
Highlights
Summary
- MLS Number: 834759
- MLS Name: ONEKEY2
- Office Name: William Raveis Real Estate
- Office Phone: (914) 723-1331
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 4/7/2025, 4:11:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,100,000
38 Madeleine Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 14, 2018 | Home Sold | $485,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $16,650 | $- |
2022 | $16,650 | $- |
2021 | $16,650 | $- |
2020 | $16,650 | $- |
2019 | $16,650 | $21,532 |
2018 | $16,650 | $17,222 |
2017 | $16,650 | $22,673 |
History based on county public records data.
Nearby schools
5
Columbus Elementary School
Public Magnet KG-5
0.1 mi
•275 Washington Ave
6
Daniel Webster Elementary School
Public Magnet KG-5
0.4 mi
•95 Glenmore Dr
8
Hutchinson Elementary School
Public District KG-5
0.6 mi
•301 Third Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $81,686. The majority of New Rochelle, NY residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
Living in New Rochelle, NY
About 38 Madeleine Ave
This home is located at 38 Madeleine Ave in New Rochelle, NY and zip code 10801. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $1,100,000.
In March 2025 more than 11 listings in New Rochelle, NY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 9 were sold below. In March 2025 in New Rochelle, NY there were 1.8% less homes for sale than in February. While the average time on the market in March 2025 was 69 days, the median list price was $810,000.