125 MAGNOLIA AVE
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 |
|---|---|---|---|
| Feb 4, 2019 | No longer available | - | |
| No longer available | |||
| Oct 3, 2018 | Sold | ||
| Sold | |||
| Sep 7, 2018 | Listed | $224,900 | |
| Listed | |||
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Well cared for sprawling Cape Cod in Pitman is here and waiting for you. Perfectly situated on a 125' wide lot, the some of the first things you will notice are the updated windows, roof, siding and stone entry. From the front entry you will step inside the formal living room. To the left is the formal dining room that provides convenient access to the well equipped eat in kitchen, with updated cabinetry, Gas cooking, double door refrigerator and plenty of storage and warm laminate flooring. Off the kitchen is a lovely screen porch complete with a ceiling fan to keep the breezes going and entrance to both the asphalt driveway (double wide for plenty of parking) and a concrete patio for the sun worshipers! Back inside, a small hallway that leads to both the unfinished basement with bilco doors as well as the Master Bedroom with ensuite bath. Like to entertain? No problem here in the Large "L" shaped family room addition that basically doubles the size of the first floor! Volume ceiling with skylight, Gas free standing fireplace with stone surround, and sliding glass doors to a equally large deck over looking the back yard. You will even find a sink for the future Wet Bar in this ample space. Up to the second floor is a nicely updated full bath with ceramic tile flooring, pedestal sink and tub/shower combo. 2 additional bedrooms with full sized closets. All rooms have ceiling fans although Master bedroom is inoperable. Room sizes are estimated. As-Is but very well cared for and worth your serious look! The manager has listed the unit size as 1965 square feet.
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| Jul 27, 2018 | Listed by Connection Realtors | $224,900 | |
| Listed by Connection Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017