745 Magic Circle
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 |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jun 10, 2023 | Listed by Cummings & Co | $489,000 | |
| Listed by Cummings & Co | |||
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Just .04 miles from the base of Magic Mountain! In the Magic Circle neighborhood, this house offers great outdoor yard space with a hot tub and fire pit, screened in porch and spacious living areas; perfect for entertaining. The basement living space has a separate entry, living room, small kitchen, two bedrooms and full bath making it a great rental opportunity or in-law apartment. This home is a must see!
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| Aug 14, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | Listed by Cummings & Co | $369,000 | |
| Listed by Cummings & Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017