196 Magic Oaks Drive
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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 |
|---|---|---|---|
| Dec 1, 2022 | Sold | ||
| Sold | |||
| Sep 10, 2022 | Listed by Liv Texas | $380,000 | |
| Listed by Liv Texas | |||
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Rare and stunning 6 bed, 3 and 2 1/2 bath with 3 car garage home on a 17,630 sqft lot home in Enchanted Oaks. This home has two large living areas and a large formal dining all the bedrooms are large. The home has a new roof and 1 HVAC system is 1 yr old the 2nd is 5 yrs old) Waterheater is 5 yrs old . The kitchen offers double ovens, lots of cabinet space and a butlers pantry with separate breakfast room. Master bedroom is downstairs and offers a large master bath with dual sinks, large walking closet, stand up shower and tub, secondary bedroom can be used as an office as well. This home has a lot of value to offer for the price call us for a showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017