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724 Magnolia Road
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 |
---|---|---|---|
Mar 17, 2025 | Price Decreased |
$610,000
↓ $40K
(6.1%) | |
Price Decreased | |||
Feb 12, 2025 | Price Decreased |
$649,900
↓ $4K
(0.6%) | |
Price Decreased | |||
Feb 8, 2025 | Listed by GLORIA ZASTKO REALTORS | $654,000 | |
Listed by GLORIA ZASTKO REALTORS | |||
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North East front door. Very well kept 3 bedroom, 2.5 baths
singlefamily home with a spacious backyard is for sale. Spacious
living room ideal forentertainment. Kitchen is very spacious with
new stainless steel refrigerator, dishwasher and gas range. All
appliances and sink are new in the kitchen. Thedining room has nice
sliding door with beautiful big backyard view.The first floor is
completed by a well-appointed half bath (updated recently) and
diningroom through sliding glass doors…
| |||
Feb 5, 2025 | Price Decreased |
$654,000
↓ $5K
(0.8%) | |
Price Decreased | |||
Jan 15, 2025 | Listed by GLORIA ZASTKO, REALTORS | $659,000 | |
Listed by GLORIA ZASTKO, REALTORS |
Property Highlights
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Price/ft²
Listed On
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Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
- 2 Units for Sale
