6530 Magellan Manor Drive
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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 |
|---|---|---|---|
| Jul 22, 2021 | Sold | ||
| Sold | |||
| May 8, 2021 | Listed by Assist 2 Sell | $319,900 | |
| Listed by Assist 2 Sell | |||
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Absolute GEM and super rare 1.5 story DR Horton Home. Only one in this neighborhood with this plan and a corner lot as well. Owner added a storage room onto side of house incorporated perfectly . Tons of extra concrete work with walkways and extended concrete past covered patio. Immaculate landscaping with mature fruit bearing trees in the back and includes, pears , apples, lowquakat, figs, peaches etc.. Primary bedroom plus 2 secondary bedrooms , formal dining and amazing family room downstairs. New granite countertops in Gourmet Island Kitchen installed months ago. Upstairs huge gameroom and 4th bedroom with full bathroom up. Fresh paint in and out and will make a lucky family their dream home. Blink and it will be gone. Come make it yours today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017