12411 MAGNOLIA SPG
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%.
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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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Price Decreased |
$525,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
| Mar 13, 2026 | Listed by Carter Fine Homes | $529,000 | |
| Listed by Carter Fine Homes | |||
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12411 Magnolia Spring is a beautifully designed single-story home located in a gated community in Alamo Ranch. The spacious floorplan features four bedrooms and 3.5 baths, including a large primary suite filled with natural light and a secondary bedroom with its own en-suite-perfect for guests. Bedrooms three and four are connected by a shared game room and bathroom, creating an ideal space for kids or teens. The kitchen offers quartz countertops, gas cooking, and a walk-in pantry, opening seamlessly to the living areas. Step outside to enjoy Texas evenings on the oversized covered patio with a relaxing hot tub. The home also features solar panels, a roof that's just two years old, and a spacious three-car garage for added convenience and peace of mind. Residents enjoy great neighborhood amenities including a community pool, park, and playground, and the home is conveniently located near Lackland AFB with excellent shopping and dining just outside the neighborhood, including a nearby HEB. Seller willing to offer $5000 toward buyers closing costs
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| Jun 7, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017