Life in Magalia is about more than just the home itself. It's about
the slower pace, the towering pines, the sense of community, and
the lifestyle that comes with it, and 6122 Dana Circle brings all
of that together in one inviting package. Nestled among the trees
in upper Magalia, this 3-bedroom, 2-bathroom home offers a setting
that feels peaceful and connected to nature while still providing
the comfort of everyday living. Inside, the home offers a layout
that feels both functional and welcoming. The spacious living room
is filled with natural light, creating a warm and comfortable
gathering space, while the dining area and kitchen remain connected
without sacrificing the individuality of each room. It's a floor
plan that offers separation where you want it while still
maintaining an easy everyday flow. Down the hall, the guest
bedrooms and hall bath are thoughtfully positioned alongside the
primary suite. The primary bedroom offers a comfortable retreat
with its own en-suite layout featuring a dedicated vanity area
separate from the bathroom space itself, helping make busy mornings
feel just a little easier. Outside, the yard offers a manageable
outdoor space ready for your personal touch. Whether you envision
garden beds, outdoor seating areas, or a peaceful place to simply
enjoy the surrounding pines, the setting gives you the opportunity
to create something uniquely your own. Located within the Paradise
Pines Property Owners Association, residents enjoy access to a wide
range of amenities including the community pool, clubhouse,
pickleball courts, disc golf course, and recreational spaces that
make it easy to enjoy the outdoors and connect with the surrounding
community. Where mountain living, community, and comfort all come
together.
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.
This perfectly updated home surrounded by trees and clean landscape is move in ready. Upon entering you will notice the high ceilings with lots of natural light. An updated kitchen opens up to the dinning area. Three bedrooms two baths with plenty of additional storage space, including pantry and oversize hallway closet. Lots of space in the backyard to create your own oasis. A new roof, whole house fan, new water heater and updated paint in the last two years makes this affordable house the perfect home. The manager has listed the unit size as 1476 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener, Oversized, Paved, RV Access/Parking, DrivewayLevel, DoorSingle, RvPotential
Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, Free-Standing Range, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Refrigerator, Water Heater
Flooring Type: Carpet, Laminate, Tile
Door Features: Sliding Doors
Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
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