6 Magnolia Road
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 1, 2021 | Sold | ||
| Sold | |||
| Jan 14, 2021 | Listed by Keller Williams Gateway Realty/Salem | $1,299,000 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
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Embrace luxury, privacy, and peace in this recently renovated estate on 5+ acres. This home offers spa amenities that will allow you to relax with family and friends as you enjoy beautiful gardens, trees, and rolling lawns. Enjoy upscale living, entertaining, and create wonderful memories with a floorplan that features 4 doors that flow from your living areas to the patio, fire pit and custom gunite pool area. The first-floor master features a vaulted ceiling, designer master bath with soaker tub, european shower, radiant flooring, and 3 custom walk-in closets. The second level features 2 large bedrooms with living area that overlooks the kitchen area, and a jack and jill bathroom with a full bath. The family room has soaring walls and windows and is conveniently near the bar and kitchen area. If you have a passion for cooking, this is a must have kitchen. Featuring professional appliances, 2 wolf stoves, large subzero refrigerator, pantry with and refrigerator. The island can host family and friends for drinks and casual entertaining, and overlooks the kitchen and floor to ceiling, custom fireplace. An apartment on the second level features a large bedroom, mini-kitchen, family room, privacy door from rest of the house, and bonus room. The lower level has a full-sized family room, exercise room, additional reading room and a 3/4 bath. The home features 3 garages above ground and an oversized garage below. This is a must experience home. Agent interest
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| Aug 12, 2020 | No longer available | - | |
| No longer available | |||
| Jul 31, 2020 | Price Decreased |
$1,100,000
↓ $150K
(12%) | |
| Price Decreased | |||
| Jul 14, 2020 | Price Increased |
$1,250,000
↑ $409K
(48.6%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017