65 MAGNOLIA Avenue
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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 |
|---|---|---|---|
| Apr 27, 2021 | Sold | ||
| Sold | |||
| Feb 10, 2021 | Listed by BARBARA B JENNESS PA | $595,000 | |
| Listed by BARBARA B JENNESS PA | |||
| Apr 27, 2015 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $535,000 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
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Don't be fooled into thinking this sweet ranch is a small house because there's a fantastic addition in back that can't be seen streetside. Think 2,716SF of pure enjoyment because that was the intent and end result. Admire the porch and then come in to explore the open plan meant for entertaining family and friends. A central fireplace divides the living and dining areas with flanking doors leading to the movie room, complete with screen, black out curtains and recessed lights behind the crown molding. People serious about cooking will never leave the kitchen. Mexican tile floors complement cherry cabinets and black granite counters while the DCS dual fuel range with gas griddle, grill and warming lamps means business. Open to the great room courtesy of a pass-through, you're in the mix. A butler's pantry adds storage with style and makes a great bar. Tucked away here is the in-law suite with bath and separate entry to yard. The great room is just that - under a vaulted ceiling with a wall of windows overlooking the terrific patio and yard, it comfortably holds a billiard table, additional dining and gathering and plenty of room to play. En-suite, the master is on the east end and it opens to the patio. Under a tongue and groove ceiling, this sunny retreat is a peaceful spot to start and end each day. Two additional bedrooms sharing a vintage bath are on the west side affording everyone privacy. Life in St Augustine is all about the outdoors and this yard scores top marks for fun. An outdoor kitchen is ready for whatever you care to cook up and there's room for both covered and al fresco dining. Enjoy the breeze across the marsh in the northeast corner and consider a soak in the hot tub after the day's adventures. An easy jaunt to the beach and Vilano Town Center and a scooter ride to the heart of downtown - it's all at your fingertips.
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| Oct 31, 2001 | Sold | ||
| Sold | |||
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About Nelmar Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017