4860 Carnation Circle #201
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 |
|---|---|---|---|
| Apr 18, 2023 | No longer available | - | |
| No longer available | |||
| Jan 31, 2023 | Price Decreased |
$279,900
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Nov 12, 2022 | Price Decreased |
$289,900
↓ $15K
(5%) | |
| Price Decreased | |||
| Oct 25, 2022 | Price Decreased |
$305,000
↓ $15K
(4.7%) | |
| Price Decreased | |||
| Oct 11, 2022 | Listed | $319,900 | |
| Listed | |||
| | |||
|
Must see!Large price adjustment made. Strong rental host. Pristine 3 bed/2 bath end unit villa located in the Magnolia North neighborhood. HVAC installed December 2021. Sold furnished with the exception of the dining room set, recliner and wall hangings. The open floor plan offers a main living area with an electric fireplace that emits heat, sliding glass door out to the back balcony with a brand-new ceiling fan and storage closet. The fully equipped kitchen has white cabinetry with plenty of storage space and a breakfast bar to enjoy your favorite meal. The dining area is located between the kitchen and the living room. The Master bedroom with ceiling fan, offers 2 closets, a walk-in closet, single closet and ensuite. The other 2 bedrooms are nicely sized with ample closet space. Magnolia North offers several pools, 2 golf courses and a driving range. With just a short drive to the beach, it is conveniently located near shopping, dining, entertainment, golfing and area attractions. Whether a primary residence, your beach/golf get-a-way or an investment property, this is a top choice! Don't miss this opportunity! Schedule your showing today!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/15/2023
|
1 Bed
|
1.5 Bath
|
-
|
$199,900
1 Bed
1.5 Bath
|
-
-
|
Blake Sloan
Sloan Realty Group
| |
|
12/01/2023
|
2 Bed
|
2 Bath
|
-
|
$259,900
2 Bed
2 Bath
|
-
-
|
Dan Rahr
Grand Strand Coastal Realty
| |
|
01/27/2023
|
1 Bed
|
1.5 Bath
|
-
|
$184,900
1 Bed
1.5 Bath
|
-
-
|
Gonca Ender
CENTURY 21 Boling & Associates
| |
|
10/11/2022
|
3 Bed
|
2 Bath
|
-
|
$319,900
3 Bed
2 Bath
|
-
-
|
Greg Harrelson Sales Team
Century 21 The Harrelson Group
| |
|
03/27/2021
|
3 Bed
|
2 Bath
|
-
|
$206,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
12/21/2020
|
2 Bed
|
2 Bath
|
-
|
$139,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/13/2018
|
2 Bed
|
2 Bath
|
-
|
$154,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/05/2018
|
2 Bed
|
2 Bath
|
-
|
$144,995
2 Bed
2 Bath
|
-
-
|
-
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017