$1,100,000

38 Madeleine Ave New Rochelle, NY 10801

$10,000
Closing credit¹
8 beds
3 full
0.09 acres
Multi-Family

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

Home typeTriplex
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.09 Acres
Year built1908
ParkingDriveway, Off Street, On Street, Parking Lot, Private
MLS #834759

Summary

  • MLS Number: 834759
  • MLS Name: ONEKEY2
  • Office Name: William Raveis Real Estate
  • Office Phone: (914) 723-1331

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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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view of front of house with brick siding and a gambrel roof

$1,100,000

38 Madeleine Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 14, 2018
Home Sold
$485,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

13%
<35k
47%
35k-100k
18%
100k-200k
22%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
12%
Single, with Kids
31%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
37%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • H&MH&M

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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