226 Magnolia 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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by BHHS Central Illinois, REALTORS | $169,900 | |
| Listed by BHHS Central Illinois, REALTORS | |||
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Fresh and fabulous! This 3 bedroom ranch in Meadowbrook subdivision is move in ready and waiting for new owners. The covered front porch welcomes you to this wonderful home with a large living room, dining room, and spacious kitchen. The door off the kitchen leads to a patio area and mostly fenced backyard. There is a great laundry room off the attached one car garage with plenty of space. There are 3 nice sized bedrooms and a full hall bath. Many updates in 2024...new electric services to the home updated wiring to the outlets grounding all outlets, all rooms and trim painted throughout, new air conditioner unit and water heater, hardwood floors throughout have been refinished, garage is finished with drywall and paint, blinds on all the windows, nice landscaping was added as well. Windows were previously updated. Schedule a showing today for this excellent home!!
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| Jul 14, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by BHHS Central Illinois REALTORS | $117,000 | |
| Listed by BHHS Central Illinois REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017