75 Magnolia 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%.
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 |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | In contract | - | |
| In contract | |||
| Apr 16, 2024 | Listed by RE/MAX Integrity Leaders | $500,000 | |
| Listed by RE/MAX Integrity Leaders | |||
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Welcome to your completely renovated Cape, offering a seamless blend of classic appeal and contemporary comforts. This thoughtfully redesigned residence features three bedrooms and two full baths, providing ample space for comfortable living. Step inside to discover an inviting interior filled with natural light, boasting an open-concept layout that effortlessly connects the living, dining, and kitchen areas. The kitchen is a chef's haven, outfitted with sleek countertops, stainless steel appliances, and abundant storage space for all your culinary essentials. Step outside to your private deck overlooking the fenced backyard, providing the perfect setting for outdoor gatherings or peaceful relaxation.
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| Feb 6, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017