5012 Magari PATH
About This Property
Designed with today's lifestyle in mind, the home is wired with Ethernet throughout for reliable, high-speed connectivity. The living room is pre-wired for surround sound, with audio wiring extending to the covered patio-perfect for enjoying your favorite music or movies both indoors and out. The HVAC system is equipped with a UV light sanitizing system to help improve indoor air quality and reduce microbial growth.
Adding to the home's value and efficiency is a 17-panel IQ7+ solar system, averaging approximately 650 kWh of energy production per month and generating an average of about $70 per month in electricity bill credits. The solar panel warranty extends through November 2045, providing long-term peace of mind and energy savings.
The private primary suite offers a peaceful retreat with an en-suite bathroom and a spacious walk-in closet, while the secondary bedrooms provide flexibility for family, guests, or a home office. Step outside to a fully fenced backyard featuring a covered patio, perfect for outdoor dining, entertaining, or simply relaxing.
Conveniently located with easy access to major highways, shopping, dining, parks, and entertainment, this home offers the ideal balance of neighborhood charm and city accessibility. Don't miss the opportunity to make this move-in-ready, energy-efficient home your own!
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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 |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$375,000
↓ $14K
(3.6%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jul 24, 2026 | Listed by Redfin Corporation | $399,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017