295 Magnolia Reserve Loop
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by Martha Turner Sotheby's International Realty - The | $719,000 | |
| Listed by Martha Turner Sotheby's International Realty - The | |||
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SELLER HAS PRICED THIS FORMER NEIGHBORHOOD MODEL TO SELL!!! Fantastic open floor plan makes this home feel like a single-story wonder, w/ 4 bedrooms on first floor and a versatile upstairs 5th bedroom w/ full bath, which could also be a media/game/craft exercise room or 2nd home office. Home is located on oversized corner lot facing park for added privacy. Oversized 3 car garage with parking for many guests on the circular drive. Spend the afternoons relaxing on the front porch swings on the inviting lime-washed brick patio. Home has too many custom upgrades to list them all. Wood style tile floors, ship lap accented mud room, entry, living, primary & both patio ceilings, luxurious granite kitchen countertops are just the beginning. Living room glass sliders out to incredible oversized back patio. The chef's kitchen boasts SS appliances, double oven, convenient pot filler and additional cabinet storage below island. Low tax rate, zoned to desired Magnolia High School.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017