1008 Magellan
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 |
|---|---|---|---|
| Sep 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 1, 2026 | Listed by Real Broker, LLC | $324,999 | |
| Listed by Real Broker, LLC | |||
| Jun 22, 2026 | Price Decreased |
$335,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by Real Broker, LLC | $340,000 | |
| Listed by Real Broker, LLC | |||
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Discover this beautifully cared-for one-owner home in the desirable WinnBrook Estates community of Windcrest. Designed with both comfort and functionality in mind, this spacious residence showcases elegant finishes and thoughtful details throughout. Soaring 10-foot ceilings downstairs and 9-foot ceilings upstairs create a bright, open atmosphere. With three living areas and three dining spaces, there is plenty of room for entertaining, gatherings, or everyday living. The kitchen is equipped with a large island, corner pantry, and crown-molded cabinetry that blends style with practicality. The downstairs primary suite offers a private retreat featuring separate vanities and generous storage space. Upstairs, every bedroom includes a walk-in closet for added convenience. Enjoy cozy nights by the wood-burning fireplace or unwind on the expansive Texas-sized covered patio, perfect for year-round outdoor living. Additional highlights include three-sided stone exterior accents, a welcoming 20' x 5' front porch, mature trees, and a bay-window living area filled with natural light. With no carpet downstairs and exceptional pride of ownership throughout, this move-in-ready home offers timeless charm and lasting quality.
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| May 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017