Seller's Agent in 2025
Sally Griffiths
William Raveis Real Estate
(914) 419-2655
1 in this area
20 Total Sales
38 Madeleine Ave New Rochelle, NY 10801
West End Neighborhood
8
Beds
3
Baths
3,172
Sq Ft
3,920
Sq Ft Lot
Highlights
- Wood Flooring
- Main Floor Bedroom
- Entrance Foyer
- New Rochelle High School Rated A-
- New Windows
About This Home
As of May 2025Sound 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
Last Agent to Sell the Property
William Raveis Real Estate Brokerage Phone: 914-723-1331 License #10301209417 Listed on: 03/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,872
Year Built
- Built in 1908 | Remodeled in 2019
Lot Details
- 3,920 Sq Ft Lot
- Back Yard Fenced
Home Design
- Triplex
- Brick Exterior Construction
- Aluminum Siding
- Stucco
Interior Spaces
- New Windows
- Entrance Foyer
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Parking
- 8 Parking Spaces
- Private Parking
- Driveway
- On-Street Parking
- Parking Lot
- Off-Street Parking
Schools
- Columbus Elementary School
- Isaac E Young Middle School
- New Rochelle High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for electricity, gas, heat
- Assessor Parcel Number 1000-000-004-01314-000-0006
Community Details
Overview
- 3 Units
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2025
Closed on
May 28, 2025
Sold by
Alfi Realty Corp
Bought by
Jusufaj Betim and Ovalles Jorge L
Seller's Agent
Sally Griffiths
William Raveis Real Estate
Buyer's Agent
Michele Hering
Houlihan Lawrence Inc.
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,633
Avg. Annual Appreciation
6.71%
Original Mortgage
$862,500
Outstanding Balance
$861,028
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$311,605
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $1,150,000 | Old Republic National Title In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $862,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $1,150,000 | +4.5% | $363 / Sq Ft |
| 04/09/2025 04/09/25 | Pending | -- | -- | -- |
| 03/18/2025 03/18/25 | For Sale | $1,100,000 | +126.8% | $347 / Sq Ft |
| 11/09/2018 11/09/18 | Sold | $485,000 | -8.3% | $153 / Sq Ft |
| 04/30/2018 04/30/18 | Pending | -- | -- | -- |
| 04/30/2018 04/30/18 | For Sale | $529,000 | -- | $167 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $23,874 | $16,650 | $1,350 | $15,300 |
| 2023 | $21,034 | $16,650 | $1,350 | $15,300 |
| 2022 | $22,591 | $16,650 | $1,350 | $15,300 |
| 2021 | $22,450 | $16,650 | $1,350 | $15,300 |
| 2020 | $18,726 | $16,650 | $1,350 | $15,300 |
| 2019 | $20,783 | $16,650 | $1,350 | $15,300 |
| 2018 | $18,003 | $16,650 | $1,350 | $15,300 |
| 2017 | $11,202 | $16,650 | $1,350 | $15,300 |
| 2016 | $14,909 | $16,650 | $1,350 | $15,300 |
| 2015 | $14,240 | $16,650 | $1,350 | $15,300 |
| 2014 | $14,240 | $16,650 | $1,350 | $15,300 |
| 2013 | $14,240 | $16,650 | $1,350 | $15,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sally Griffiths
-
Michele Hering
M
Buyer's Agent in 2025
Michele Hering
Houlihan Lawrence Inc.
(914) 833-0420
1 in this area
3 Total Sales
-
Kathleen Spadaro
Seller's Agent in 2018
Kathleen Spadaro
Spadaro Real Estate, Ltd.
(914) 646-3202
78 Total Sales
Map
Source: OneKey® MLS
MLS Number: 834759
APN: 1000-000-004-01314-000-0006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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