3520 MAGELLAN CR #734
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%.
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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.
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/28/2021
| |
3 Bed
|
3 Bath
|
1776 ft²
|
$585,000
3 Bed
3 Bath
1776 ft²
|
-
-
|
Shalom Sapir
Beachfront Realty Inc
|
|
08/08/2020
|
2 Bed
|
2 Bath
|
1402 ft²
|
$418,000
2 Bed
2 Bath
1402 ft²
|
-
-
|
Shalom Sapir
Beachfront Realty Inc
| |
|
08/01/2020
|
3 Bed
|
3 Bath
|
1707 ft²
|
$460,000
3 Bed
3 Bath
1707 ft²
|
-
-
|
Guy Hoenig
United Realty Group Inc
| |
|
06/19/2018
|
3 Bed
|
3 Bath
|
1707 ft²
|
-
3 Bed
3 Bath
1707 ft²
|
-
-
|
-
| |
|
12/10/2012
|
3 Bed
|
3 Bath
|
1723 ft²
|
$399,000
3 Bed
3 Bath
1723 ft²
|
$365,000
-8.52%
01/31/2013
|
Sherry Williams
Coldwell Banker Realty
| |
|
08/08/2009
|
3 Bed
|
3 Bath
|
1723 ft²
|
$309,900
3 Bed
3 Bath
1723 ft²
|
$290,000
-6.42%
10/23/2009
|
Nicole Travert
United Realty Group Inc
|
Building Info
About Aventura
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017