243 Magnolia Reserve Loop
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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 |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by Keller Williams Realty Metropolitan | $575,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Welcome to this stunning single story retreat in the highly sought after Magnolia Reserve! Perfectly positioned on a sprawling corner lot, this home offers the ideal blend of elegance, comfort, and modern design. The open concept layout invites you in with soaring ceilings, abundant natural light, and a warm, inviting fireplace that anchors the spacious family room. The chef inspired island kitchen gleams with granite countertops, stainless steel appliances, and rich cabinetry, ideal for both casual meals and entertaining. Step into the serene primary suite featuring a spa style bath with a soaking tub, dual vanities, and a walk in shower. Enjoy evenings under the covered patio with an outdoor kitchen overlooking lush greenery and mature trees. Additional highlights include a three car garage, extended driveway, and whole home generator. Conveniently located near The Woodlands, FM 1488, and SH 249, offering easy access to dining, shopping, and entertainment. A true Magnolia gem
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| Oct 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017