12038 Mahogany Circle
About This Property
Entering the Middleton home, you are greeted by your 2 story foyer and dining room. The open kitchen and living room features Quartz countertops, and all appliances are included. The living room has vaulted ceilings and a gas fireplace. Off the breakfast room is a covered back porch that overlooks your backyard. The Primary Suite is located on the main level and features an expansive walk in closet, double vanities and tiled shower with built in seat. Upstairs you have three bedrooms and a full bath. All our homes feature our Smart Home Technology Package including a video doorbell, keyless entry and touch screen hub. Our dedicated local warranty team is here for your needs after closing as well. Come by today and make Walnut Ridge your new home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Jan 5, 2025 | Price Increased |
$353,990
↑ $4K
(1.1%) | |
| Price Increased | |||
| Oct 21, 2024 | Listed by DRB Group South Carolina, LLC | $349,990 | |
| Listed by DRB Group South Carolina, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017