121 Magnolia Drive
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 |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by Attorney Broker Services | $360,000 | |
| Listed by Attorney Broker Services | |||
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This Beautiful and spacious Home was built in 2020 and had 4 bedrooms, 2 full baths and a spacious Open Floor Plan! This home has all the upgrades included with Energy Efficient Appliances, granite counter tops, Designer wood cabinetry with crown molding, WiFI enabled garage door opener, programable thermostats and more for you tech driven home owners! The Kitchen and Living room are an Open Floor Plan design with Entertaining and family atmosphere in mind! The Kitchen has a huge Island with Chocolate cabinets and beautiful Granite counter tops with Huge Farm sink! You will love the wood floor look of these amazing floors and the carpet is speckle and won't show a lot of wear. The Master Bedroom is Huge and won't disappoint! This home has beautiful curb appeal with brick exterior and landscaped front yard. Home is like new and is well below the price of building one new with this floor plan and size! Back yard has a covered patio and totally wood fenced. Come and take a look!
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| Dec 31, 2020 | Sold | ||
| Sold | |||
| Oct 30, 2020 | Listed by LGI Homes | $257,900 | |
| Listed by LGI Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017