126 MAGNOLIA Trail
About This Property
Within sight of Dunns Creek and only minutes from the St Johns River. All kitchen appliances, washer and dryer are included. The canal frontage has a bulkhead, dock with covered boat lift. Nice screened porch overlooking the canal, central air and yard has irrigation system. Home is fenced (except water frontage) and has covered parking and a storage building. If you are looking for a home on the water, take time to look at this one, you will not be disappointed.
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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 10, 2024 | No longer available | - | |
| No longer available | |||
| Mar 21, 2024 | Listed by MOMENTUM REALTY | $275,000 | |
| Listed by MOMENTUM REALTY | |||
| | |||
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SELLER REQUEST NO PHONE CALLS. Escape to your own piece of paradise, with this 2-bedroom, 2-bathroom home. This home is nestled along a picturesque deep water canal just off Dunns Creek, perfect for a weekend getaway or everyday paradise. 126 Magnolia Trail offers an open living area; in the kitchen you will find plenty of cabinet space and large windows looking out to the canal. The spacious living room allows you to walk out to your large screen porch and steps away from your boat lift and rebuilt boat dock. Both bedrooms are generously sized and offer tranquil retreats for ample amount of rest and relaxation. This home has many upgrades; new mini splits, both bathrooms have new showers, new dishwasher, water softener & purification system, and much more.
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| Jul 19, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by TAYLOR DOUGLAS REALTY, INC. | $229,500 | |
| Listed by TAYLOR DOUGLAS REALTY, INC. | |||
| Sep 24, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017