2871 Magellan Circle
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 31, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed | $539,000 | |
| Listed | |||
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Enter in through the double doors of this beautiful two story Corona home and find a wide open living space with cathedral ceilings, neutral colors and tons of natural light! There are many lovely features here that include 4 bedrooms, 2.5 bathrooms, 2307 square feet of living space, dark wood laminate floors, spacious kitchen with stainless appliances, oak cabinetry with glass cabinet doors, computer desk area and a kitchen island; Kitchen is open to the family room with cozy fireplace! Separate formal living room and dining room. Individual laundry room and half bath located downstairs. Master bedroom suite has its own bathroom with dual sink vanity, separate shower and soaking tub. This home is situated on an expansive lot on a peaceful and quiet cul-de-sac. Prime Corona location near schools, shopping centers, parks and within the highly rated Corona-Norco Unified School District! Be sure to see the aerial photos and virtual tour! Put this one on your list to see!The manager has listed the unit size as 2307 square feet.
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| Apr 23, 2018 | Listed by Keller Williams Realty | $539,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017