40 Magnolia Drive
About This Property
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 |
|---|---|---|---|
| Apr 8, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Five North Realty Group, Inc. | $519,900 | |
| Listed by Five North Realty Group, Inc. | |||
| | |||
|
SUNDAY OPEN HOUSE HAS BEEN CANCELLED. 3 bedroom, 3 bath ranch with 2 car attached garage, and finished walkout basement. This home has been freshly painted over the last few years and has a brand-new heating system and hot water tank. The main living area is complete with open concept living, kitchen, dining area. Vaulted ceilings in the living room and tray over the dining area, recess lighting, natural light galore with all of the windows complete with custom blinds, a gas fireplace for the colder New England Months, or walk out to the oversized deck overlooking the wooded back yard on the warmer days to come! This home was thoughtfully designed with the separation of the main living area and the bedrooms on opposite sides of the home. The Master ensuite features double sinks, a whirlpool tub, and shower, a walk-in closet, and updated lighting, and custom shutter blinds. You will find two additional bedroom of generous size and a full bath. The laundry room is conveniently located off the main entry foyer on the first floor. You may prefer to entertain in the lower level that is complete with wet bar, a new kegerator, and ¾ bath and walks out to the back yard. The unfinished space is equipped with a 200 amp electrical panel that is generator ready, utilities, storage, and a workbench. Magnolia is perfect place to call home, conveniently located near major highways, shopping, and dining! Showings will begin at the Open House on Saturday, March 5th!
| |||
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2018 | Listed by Coldwell Banker Residential Brokerage - Haverhill | $399,900 | |
| Listed by Coldwell Banker Residential Brokerage - Haverhill | |||
| May 28, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017