000 Magnolia Boulevard
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2023 | Listed by Anne Vickery & Associates Realty, LLC | $84,500 | |
| Listed by Anne Vickery & Associates Realty, LLC | |||
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Welcome to 00 Magnolia, a stunning 1.25 acre residential lot nestled in a beautiful wooded area. With no deed restrictions or HOA, the possibilities are endless on this property. Whether you're dreaming of building your perfect home or a unique barndominium, this lot is ready and waiting for you. Looking for an investment opportunity? This is the perfect chance to develop a small multifamily complex, townhomes, or even manufactured homes. Situated just a mile from 99 and eight miles from 59 in the highly regarded Huffman ISD, this location offers convenience and accessibility. Enjoy nearby shopping, dining, and entertainment options including Valley Ranch shopping, The Hill, Big Rivers Waterpark, and Speedsportz Race Track. Don't miss out on the chance to make your dreams come true – ask your agent about the additional land available.
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| Sep 22, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by Coldwell Banker Realty | $190,000 | |
| Listed by Coldwell Banker Realty | |||
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UNRESTRICTED....2.7 ACRES. Build your dream home and bring your animals on this partially cleared and fenced lot. Mobile home friendly. Low taxes and no HOA. Conveniently located close to Grand Parkway will make for an easy commute to work, shopping or dining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017