505 Avenida Magdalena
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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%.
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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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by eXp Realty of California, Inc | $829,000 | |
| Listed by eXp Realty of California, Inc | |||
| Jul 26, 2019 | Sold | ||
| Sold | |||
| Jun 2, 2019 | Listed by RE/MAX ONE | $579,000 | |
| Listed by RE/MAX ONE | |||
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Beautiful Home In the Greystone Collection a Gated Community! Shows light and bright with vaulted ceilings that give the home an open feeling with 3 bedrooms 2.5 baths with 1,511 SF of living space. Features include a large living room with laminate flooring and spacious family room that is off the kitchen it has a gas fireplace, entertainment niche & ceiling fan. Large kitchen with wood cabinets, pantry, white tile countertops, gas stove, built-In microwave, recessed lighting & dining area with slider out to the backyard. The master suite has high ceilings, carpet, walk-In closet, ceiling fan, dual sinks, walk-In shower & tile floor. Also includes an indoor upstairs laundry room, new AC, new water heater, covered front patio and a low maintenance yard. The HOA includes an amazing pool, spa and a private playground and park, with RV parking, low HOA fee of only $94 a month. Convenient location to stores, parks & schools and the beach is about 12 miles away an exceptional location with beautiful year round Camarillo Weather. This is a truly a must see property!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017