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2960 WHITE MAGNOLIA LOOP
About This Property
The gourmet kitchen anchors the interior with custom cabinets, stone countertops, and a stone backsplash that creates visual interest above the counters. Stainless steel appliances pair with new energy-efficient equipment, including a stainless steel refrigerator and laundry room washer and dryer, ensuring reliability and performance. Luxury vinyl plank flooring flows throughout the entire property, providing durability and easy maintenance across all living areas. New windows with energy-efficient double pane glass and arched accent windows bring in natural light while improving thermal efficiency.
The primary suite features a European wet bath, offering a spa-like bathing experience with modern fixtures and an open design. Modern metal railing accents the interior spaces, adding architectural detail consistent with the contemporary style. All new lighting fixtures throughout complement the aesthetic and enhance functionality in every room. Beyond the kitchen and primary bath, the remaining two bathrooms have been updated with new fixtures and finishes.
Exterior updates include a newer roof and new gutters, protecting the structure and ensuring proper water management. A screened porch extends the living space outdoors, providing a comfortable retreat. The property benefits from privacy with no rear neighbors, creating a secluded setting within the community. Near Hancock Park, the location offers convenient access to local amenities while maintaining a quiet residential character.
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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 |
|---|---|---|---|
| Sep 6, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$535,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY | $540,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY | |||
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
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About Magnolia Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017