36 Magnolia Avenue
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%.
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 |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 13, 2023 | In contract | - | |
| In contract | |||
| Nov 11, 2023 | Listed by Compass | $2,800,000 | |
| Listed by Compass | |||
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Nestled on Cape Cod's pristine shores, this beach house offers the quintessential coastal experience. With private beach access, you can unwind by the sea in seconds. This home emanates Cape Cod charm through its unique features like gleaming hardwood floors and shiplap walls. Step inside, drop your bags, and immerse yourself in the allure of this gorgeous retreat. Boasting five spacious bedrooms, this property is perfect for accommodating family and friends. Wake up to breathtaking ocean views , and savor your morning coffee on the balcony decks, where the salty breeze envelops you. The exterior is a masterpiece of professional landscaping, creating a serene and picturesque environment. This home is a haven for those seeking a true Cape Cod lifestyle. It's time to make this dreamy beach house your very own.
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| Nov 3, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Sep 1, 2023 | Price Decreased |
$3,250,000
↓ $650K
(16.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017