188 Via Magnolia
About This Property
Another quality built Harrod home.
This spectacular new home is located on an amazing lot in the prestigious Las Villinas Estates.
This mission styled home offers endless southerly views all the way to the Cuesta Grade. Off of the entry you will find a court yard surrounding a beautiful oak tree. There are four spacious bedrooms and three full baths. There is a generous master suite with a massive walk in closet. Also, there is an en suite guest room privately located off of the main entry. The open floor plan has a huge great room with fireplace and over sized windows offering the wonderful views. The formal dining room has stained beams and arched entry. There is an over sized two car garage and additional storage space under the home. There is plenty of room for entertaining on the rear deck and back yard.
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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 20, 2018 | Sold | ||
| Sold | |||
| Jun 4, 2018 | Listed by BHHS Hallmark Realty | $869,900 | |
| Listed by BHHS Hallmark Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017