2714 Magnolia Tree Lane
About This Property
Upstairs, you'll find newer carpet throughout. The generously sized primary suite features a vaulted ceiling, walk-in closet & a spa-like bath with a tiled walk-in shower, garden tub & dual vanity. Three additional bedrooms all include double closets and share a full hall bath.
Enjoy premium outdoor living space with a screened porch featuring a beadboard ceiling, plus a deck and extended patio-perfect for entertaining. Your new home also includes a whole-house water filtration system and encapsulated crawlspace for peace of mind.
In addition, our preferred lender is offering up to 1% in lender credit, which can be applied toward closing costs or to help reduce the interest rate.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Smart Choice Realty Company | $439,900 | |
| Listed by Smart Choice Realty Company | |||
| Feb 16, 2023 | Sold | ||
| Sold | |||
| Dec 13, 2022 | Listed by Fonville Morisey Realty | $408,000 | |
| Listed by Fonville Morisey Realty | |||
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Fabulous 4 bedroom, 2.5 bath home in an excellent location! New carpet * Some fresh paint * Wonderful covered front porch * Office or den downstairs * Family room with gas log fireplace * Large main bedroom with walk-in closet * Main bath with walk-in shower and separate tub * Screened porch with privacy curtains* Deck* Large patio for entertaining or play area* Whole house water filter* Gorgeous perennials in front planters that come up in spring for great curb appeal* Very convenient to Duke, RTP, NCCU, downtown Durham and I-40! Easy commute to UNC.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017