2 Magnolia Lane
About This Property
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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 |
|---|---|---|---|
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Nov 4, 2021 | Listed by Madelyn Garcia Real Estate | $605,000 | |
| Listed by Madelyn Garcia Real Estate | |||
| | |||
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New Construction, currently being built. Sitting on a private 3+ acre lot, this beautiful three bedroom, 2.5 bath, colonial with a modern, open layout features a very large kitchen with over-sized granite island, spacious pantry, separate dining room, breakfast area that opens to the family room with gas fireplace. This home also has gas cooking, gas heating, central A/C, hardwood flooring, wainscoting, vinyl windows, vinyl siding, and large deck overlooking the back and side yard. Walk up the solid wood staircase through the open foyer to four bedrooms including a front to back master suite with a walk-in closet and private bathroom. There is still time to customize this home and choose your own finishes.
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| Dec 8, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017