2591 Magnolia
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 |
|---|---|---|---|
| Jun 6, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | No longer available | - | |
| No longer available | |||
| Apr 7, 2022 | Listed by United Country H5 Auction & Realty | $875,000 | |
| Listed by United Country H5 Auction & Realty | |||
| Mar 25, 2022 | Listed by UNITED COUNTRY H5 AUCTION AND REALTY | $599,000 | |
| Listed by UNITED COUNTRY H5 AUCTION AND REALTY | |||
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This Texas country ranch is located just off of I-20 in Waskom, Texas. Secluded in the midst of +/-27 wooded acres, sits this 2,692 square foot ranch style home with 4 bedrooms, 3 bathrooms, 2 living areas, and an office or formal dining room. This custom home features an updated kitchen with granite countertops, stainless steel appliances, and pull outs in the cabinets. A peninsula with bar seating, opens up into the breakfast area with a built in hutch for storage. At the front of the home is an office, ideal for those working from home. It is connected to the kitchen, so it could also be used as a formal dining room, if needed. You'll step into a cozy, sunken living room with vaulted ceilings, a stone hearth wood burning fireplace, and a wet bar. From there, French doors will lead you to the sunroom. This is a great place for a second living area, office, play room, or whatever you needed it to be to fit your family. You will love the master suite complete with two closets, a fireplace, and an amazing ensuite bathroom. The bathroom features his and hers dressing areas with built in chests, joined in the middle with a jetted soaking tub and an electric fireplace. The 4th bedroom would make an ideal mother in law suite, or second master. It is complete with its own exterior entrance, a full bathroom, and an electric fireplace. Out the back doors is a lovely patio surrounding an above ground pool and featuring a unique outdoor shower. On the property there is a 14'x23' heated greenhouse with electric and water and a 4'x6' well house. The shop is 17'x22' with an attached potting shed with electric service. There is a 18'x27' tractor shed as well as kennels with electric service as well. There is another +/-39 acres with a cabin and another pond adjoining this property available to purchase. The manager has listed the unit size as 2962 square feet.
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| Jan 21, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017