2126 Magellan Dr
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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Price Decreased |
$1,397,888
↓ $290K
(17.2%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Compass | $1,687,888 | |
| Listed by Compass | |||
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This beautifully updated 4BD/3BA midcentury-modern home is nestled on a rare 10,791 sq ft corner lot in Montclair, near the Railroad Trail, with convenient biking routes to Shepherd Canyon Trail and a short jaunt by foot to Montclair Village. Designed for seamless indoor-outdoor living, it boasts soaring ceilings, rich wood floors, custom Douglas Fir glass doors, and a gas fireplace featuring handmade Japanese tile. The chef’s kitchen and spa-inspired Japandi primary suite showcase exquisite handmade Italian tile and modern craftsmanship. From the expansive front deck, enjoy panoramic bay and valley views, with mature wisteria vines climbing the elevated deck each spring, while the backyard is fragrant with jasmine. A private elevator connects the garage to the main living level for added convenience. Additional highlights include a temperature-controlled workshop, detached studio, abundant storage, a private parking deck, garage, and ample street parking. Enjoy easy access to Transbay buses and Hwy 13/I-580/I-880, making commuting a breeze.
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| May 23, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017