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
Sold for $1,150,000
$1,150,000
38 Madeleine Avenue, New Rochelle, NY 10801
8beds
3,172sqft
Triplex, Multi Family
Built in 1908
-- sqft lot
$1,222,300 Zestimate®
$363/sqft
$3,394 Estimated rent
Home value
$1,222,300
$1.11M - $1.34M
$3,394/mo
Zestimate® history
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$3,394/mo
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$7,586/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: May 28, 2025 at 01:29pm
Listed by:
Sally K. Griffiths 914-419-2655,
William Raveis Real Estate 914-723-1331
Bought with:
Michele L. Hering, 40HE0960320
Houlihan Lawrence Inc.
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 834759
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- None
Appliances
- Laundry: In Basement
Features
- First Floor Bedroom, First Floor Full Bath, Entrance Foyer
- Flooring: Hardwood, Vinyl
- Windows: New Windows
- Basement: Common,Full,See Remarks
- Has fireplace: No
Interior area
- Total structure area: 3,172
- Total interior livable area: 3,172 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway, Off Street, On Street, Private
- Has uncovered spaces: Yes
Features
- Fencing: Back Yard
Lot
- Size: 3,920 sqft
Details
- Parcel number: 1000000004013140000006
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Aluminum Siding, Brick, Stucco
Condition
- Updated/Remodeled
- Year built: 1908
- Major remodel year: 2019
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & neighborhood
Location
- Region: New Rochelle
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $1,150,000+4.5%$363/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #834759 Report a problem | ||
| 4/9/2025 | Pending sale | $1,100,000$347/sqft |
Source: OneKey® MLS as distributed by MLS GRID #834759 Report a problem | ||
| 3/18/2025 | Listed for sale | $1,100,000+126.8%$347/sqft |
Source: OneKey® MLS as distributed by MLS GRID #834759 Report a problem | ||
| 11/9/2018 | Sold | $485,000-6.6%$153/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H4818513 Report a problem | ||
| 8/7/2018 | Price change | $519,000-1.6%$164/sqft |
Source: Spadaro Real Estate, Ltd. #4818513 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $16,650 |
| 2023 | -- | $16,650 |
| 2022 | -- | $16,650 |
Find assessor info on the county website
Neighborhood: 10801
Nearby schools
GreatSchools rating
- 6/10Columbus Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10Isaac E Young Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10New Rochelle High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Columbus
- Middle: Isaac E Young Middle School
- High: New Rochelle High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,222,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,222,300
- New York
- Westchester County
- New Rochelle
- 10801
- 38 Madeleine Avenue