1561 Magpie Lane
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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 |
|---|---|---|---|
| Aug 21, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $2,300,000 | |
| Listed | |||
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A short commute, highly rated Cupertino schools, & a peaceful, tree-lined streetsound like a dream? This beautifully renovated 4 bedroom, 3 bath Birdland home is minutes from Apple, Google, LinkedIn, Intel, Nvidia & other major employers. Your appreciation for this home won't stop with just the outstanding location! The large, open & flexible great-room floor plan is centered around the kitchen's oversized peninsula, six-burner Thermador range & multiple expansive granite countertops that are perfect for cooking, entertaining, & collaborating on projects for school & work. A separate family room leads to the low-maintenance, landscaped backyard with pergola & patio spaces for relaxing, dining & gardening. Four generously sized bedrooms including two master suites (one upstairs & one down) make this home ideally suited for multi-generational living or accommodating visitors, while maintaining ample private retreat space for those fortunate enough to call this fabulous house "home." The manager has listed the unit size as 2211 square feet.
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| Mar 19, 2018 | Sold | ||
| Sold | |||
| Jan 31, 2018 | Listed by Intero Real Estate Services | $1,850,000 | |
| Listed by Intero Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017