125 Magellan Avenue
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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Listed by Alliance Bay Realty | $899,888 | |
| Listed by Alliance Bay Realty | |||
| Jun 19, 2025 | Listed | $969,888 | |
| Listed | |||
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Charming home in a desirable neighborhood. 2 bedrooms/1 bath with an office. New floors, new paint interior/exterior. Kitchen featuring Granite countertops with stainless steel appliances. Long driveway, possible RV parking. LOW maintenance yard with mature fruit trees: Avocado, Kumquat, Persimmon, Jubilee, Orange, Lemon, Grapefruit & Pomegranate. Short distance to shopping mall with many retail shops & restaurants. Easy access to US-101, I-280 & I-680. A must-see property. Make this dream home yours today... VIRTUAL STAGING PHOTOS. PLEASE DO NOT DISTURB OCCUPANTS.
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| Sep 2, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017