29
Map
38 MAGNOLIA Avenue
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 14, 2026 | Price Decreased |
$1,290,000
↓ $60K
(4.4%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$1,350,000
↓ $40K
(2.9%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by LINWARD REALTY, LLC | $1,390,000 | |
| Listed by LINWARD REALTY, LLC | |||
| Mar 22, 2023 | Listed by LINWARD REALTY, LLC | $1,190,000 | |
| Listed by LINWARD REALTY, LLC | |||
| | |||
|
New construction in the oldest city! A rare opportunity to own an incredible home nestled within the famed oak canopy of Magnolia Avenue, one of the most beautiful streets in America. Boasting 2413sqft of living space, 4 bedrooms, 2.5 baths, and 2-car garage, this home offers old world charm with modern comforts. Featuring wood flooring throughout, quartz counters, stunning kitchen, and impressive master bath with glass enclosed shower, dual vanities, and deep freestanding tub. Walking distance to the shops and restaurants of the Uptown neighborhood, and less than 1 mile to the heart of historic downtown, 2 miles to the beach. No HOA or historic restrictions. RS-1 zoning allows for rental periods of one week or longer with approved city registration. 2-10 Home Warranty.
| |||
| May 12, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Magnolia
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,650 /mo
- 2 Beds
- 2 Baths
- 1,250 ft²
$1,750 /mo
- 3 Beds
- 2 Baths
- 1,160 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017