606 Magnolia Bend
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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.
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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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Fathom Realty | $339,000 | |
| Listed by Fathom Realty | |||
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Rare opportunity: fully updated in 2021, this 1 story home sits on a HUGE 1 acre lot only 40 minutes from downtown Houston! 3 bedrooms/2.5 baths with formal dining that can be used as an office/study; wood burning fireplace; 4 car garage with AC that can easily double as a workshop; plenty of parking for an RV or trailer; large mature trees; quiet and serene fully fenced backyard with covered patio and plenty of room for entertaining; 3 year old roof; 5 minute walk to nearby Dogwood Elementary. Low Roman Forest deed restrictions and no HOA! 10 minutes to convenient shopping at Valley Ranch Town Center, 10 minutes to Grand Parkway, 25 minutes to IAH.
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| May 3, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by KMB Realty | $319,900 | |
| Listed by KMB Realty | |||
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Completely updated home in sought after Roman Forest. One story home on a HUGE one acre lot. Double garage that fits four cars. New interior paint, new exterior paint, new roof, new appliances, new granite countertops, new light fixtures, new tub surround, and new flooring throughout. Don't miss out on this incredible home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017