6808 Magenta LN
About This Property
Fresh paint, luxury vinyl flooring, new Anderson windows, remodeled powder bath and new garage doors are just some of the recent updates to this home.
Inside, the grand foyer features an elegant staircase, vaulted ceilings and modern fixtures.
A cozy living space off the entry can serve as a home office or additional living room. The formal dining room, with large windows and crown molding, has direct access to the kitchen, laundry room, and garage.
The family room features two-story ceilings, a stone hearth fireplace, and built-in bookshelves. The kitchen, open to the living room, offers granite countertops, stainless steel appliances, a center island, walk-in pantry, and some new appliances.
The main floor owner's suite features high tray ceilings, a walk-in closet, and large windows overlooking the backyard. The ensuite bathroom has a garden tub, walk-in shower, dual sinks, a water closet and a massive primary closet.
Upstairs, enjoy a built-in desk suite and a spacious living area that can be utilized as a media or play room. Three secondary bedrooms, each with vaulted ceilings and large windows, share two full bathrooms, including a Jack-and-Jill layout.
The private backyard offers mature landscaping, privacy fencing, a covered porch, an extended patio and no back neighbors! Walking distance to Clayton Elementary and the best neighborhood pool.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Relisted | $989,900 | |
| Relisted | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Price Decreased |
$989,900
↓ $10K
(1%) | |
| Price Decreased | |||
| Aug 8, 2024 | Listed by Bramlett Residential | $999,900 | |
| Listed by Bramlett Residential | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017