3520 Magellan Cir #736
About This Property
The manager has listed the unit size as 1707 square feet.
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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.
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 7, 2020 | Sold | ||
| Sold | |||
| Oct 8, 2020 | In contract | - | |
| In contract | |||
| Aug 1, 2020 | Listed | $460,000 | |
| Listed | |||
| | |||
|
Spectacular upgraded townhouse at the heart of Aventura. A desirable gated community in the master waterway association, a large balcony with BBQ, a huge master bedroom, and two large rooms upstairs. walking access to the fabulous waterways marina, shops, and restaurants walking distance to the new Aventura Don Soffer charter high school, zoned for ACES elementary/middle school. minutes away from Aventura mall, Target, Whole Foods, and Gulfstream, floor plan rarely on the market. The manager has listed the unit size as 1707 square feet.
| |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
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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Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017