38 Madeleine Avenue
New Rochelle, NY 10801
- 8 beds
- 3 baths
- 3,172 sqft
- 3,920 sqft lot
- $346 per sqft
- 1908 build
- – on site
Sound investment property with tenants in place on a month to moth 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 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 in the basement. Washers and dryers usage paid by tenants. Private, off street parking on premises. Cap rate is 5.51%. Net operating income currently $60,628.
Last checked:
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Last updated Mar 18, 2025
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MLS# 834759 —
The Building
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Year Built:1908
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Basement:true
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Construction Materials:Aluminum Siding, Brick, Stucco
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# of Total Units:3
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Year Built Effective:2019
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Building Area Units:Square Feet
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Building Area Total:3172
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Building Area Source:Public Records
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Window Features:New Windows
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Laundry Features:In Basement
Interior
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Interior Features:First Floor Bedroom, First Floor Full Bath, Entrance Foyer
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Fireplace:false
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Flooring:Hardwood, Vinyl
Financial & Terms
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Tenant Pays:Electricity, Gas, Heat
The Property
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Fencing:Back Yard
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Lot Size Acres:0.09
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Parcel Number:1000-000-004-01314-000-0006
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Property Type:Residential Income
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Property Subtype:Triplex
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Lot Size SqFt:3,920 Sqft
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Property Attached:false
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Property Description:Flats
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Property Condition:Updated/Remodeled
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Additional Parcels:false
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Waterfront:false
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Water Access:No
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Road Frontage Type:Municipal
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (914) 419-2655
- Office phone:
- (914) 723-1331
Taxes
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Tax Year:2024
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Tax Source:Municipality
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Tax Annual Amount:15967.83
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Included In Taxes:Sewer,Trash
Beds
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Total Bedrooms:8
Baths
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Full Baths:3
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Total Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
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Cooling:None
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# of Heat Units:3
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# of Heating Zones:3
Utilities
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Sewer:Public Sewer
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
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Water Source:Public
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Electric Company:Con Edison
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Water Sewer Expense:1000
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# of Separate Gas Meters:3
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# of Separate Electric Meters:4
Schools
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High School:New Rochelle High School
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Elementary School:Columbus
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High School District:New Rochelle
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Middle School:Isaac E Young Middle School
The Community
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Senior Community:false
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Additional Fees:No
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Pool Private:false
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Spa:false
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Maintenance Expense:1000
Parking
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Parking Features:Driveway, Off Street, On Street, Parking Lot, Private
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Parking Total:8
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/18/25
Mar 18, 2025
|
Listed / Active | ONEKEY | $1,100,000 | 126.8% (20.0% / YR) |
11/9/18
Nov 9, 2018
|
ONEKEY | $485,000 |