2057 MAGNOLIA CIR
About This Property
Situated in a well-regarded neighborhood in the Magnolia Green community, lies a lifestyle opportunity that belongs at the top of every home shopper's list. The location is easily drivable to shopping and dining options and schools. Within, you'll find an open concept floor plan and stylish lighting. This classic colonial living offers navigational ease in this delightful 4-bedroom, 3.5-bathroom. Step into the heart of the home where lies the kitchen, with tons of natural light sets the stage for culinary achievement.
A brief driveway connects to an attached two-car garage that that has been converted to a multi-purpose room. Standing on a pleasant street lined with sidewalks, this home is headquarters for access to an array of local amenities. Various shopping and dining destinations are within comfortable driving distance. "Be right there" radius also includes nearby schools. This lovely single family home won't last long!
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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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Relisted | $499,900 | |
| Relisted | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by RLAH @properties | $500,000 | |
| Listed by RLAH @properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017