167 Magnolia Way
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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%.
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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | Listed by Water Pointe Realty Group | $1,195,000 | |
| Listed by Water Pointe Realty Group | |||
| | |||
|
Truly one-of-a-kind CBS home in the quaint Village of Tequesta. 167 Magnolia has been tastefully redesigned and updated inside and out. Exterior updates include a new salt-water heated and chilled pool surrounded by travertine decking and synthetic turf. Full hurricane impact windows and doors add peace of mind. Every inch of the interior of this one-level home has been improved. Most notable is the custom kitchen featuring an oversized island, pizza oven, wine cooler, Thermador appliances, double cooktops, coffee station, and Crystal brand cabinets. Wind-plank engineered wood floors, crown moulding, and solid core doors throughout. 3 bedrooms plus an elegant office space. This is the Tequesta home you have been waiting for. See supplement for a full list of upgrades. " Full hurricane impact windows, doors and skylights
" Custom pool with sun shelf, loungers, and umbrella
o Pool heated and chilled
o Salt water
" Full synthetic turf backyard
" Travertine pool decking
" Landscape lighting
" Wide-plank engineered hardwood floors throughout bedrooms and living areas
" Crown moulding throughout
" Solid-core doors throughout
" Custom-built closets in bedrooms
" Open concept chef's kitchen with following features:
o Large, one piece stone island
o Double cooktops
o Built-in wine cooler
o Crystal brand kitchen cabinets
o Thermador appliances
o Slide-in pizza oven
o Separate coffee station
o Built-in dining table
" Updated master bath
o Steam shower
o Separate soaking tub
o Double sink vanity
" Electric shades/blinds in most rooms
" Full security system with 9 cameras
" Tesla charger in garage
" In-ceiling speakers in master and on patio
" New, widened driveway - 2022
| |||
| Jun 12, 2013 | Sold | ||
| Sold | |||
| May 2, 2013 | Sold | ||
| Sold | |||
| Jan 25, 2013 | Listed by Waterfront Properties & Club C | $350,000 | |
| Listed by Waterfront Properties & Club C | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017