7205 SE Magellan Lane
About This Property
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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%.
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 |
|---|---|---|---|
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by BHG Real Estate Laviano & Associates | $615,000 | |
| Listed by BHG Real Estate Laviano & Associates | |||
| Nov 27, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $349,900 | |
| Listed | |||
| | |||
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Must See, Immaculate 4/3/2 CBS Bristol III Model in Beautiful Mariner Village. This 2413 Square Foot Spacious Home Features Open Floor Plan With 18" Tiles Throughout the First Floor. Three Glass Sliding Doors in Family Room, Kitchen, And Fourth Bedroom Face the Beautiful Blooming Garden with An Extended Covered Lanai That Faces Preserve. High Vaulted Ceilings in Living and Dining Rooms, Many Upgrades, New Carpeting Throughout Second Floor and Newly Tiled Master Bathroom Shower Make This Home Ready! Large 8x13 Laundry Room Is Suitable for Office Space and Kitchen Offers Large Walk in Pantry Closet. Lot Faces a Private Preserve with Mango, Banana, Fig Trees, And Blooming Flowers All Year Long. Mariner Village Offers: Pool, Tennis, Basketball Courts, Boccie and Nature Trail. This Community Is Desirable Because It Is Located Within Minutes of Excellent Schools, Doctors, Shopping, Dining, Historic Downtown Stuart, Beaches, I-95 & More. Act Fast This One Won’t Last. Call Me Today!The manager has listed the unit size as 2416 square feet.
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| Mar 23, 2017 | Listed by BHG Real Estate Laviano & Associates | $329,900 | |
| Listed by BHG Real Estate Laviano & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017