7500 Nicklaus Circle
About This Property
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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%.
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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 10, 2025 | Sold | ||
| Sold | |||
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Listed by BHHS PenFed Realty | $519,900 | |
| Listed by BHHS PenFed Realty | |||
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EXTREMLY well maintained former model home with many UPGRADES and located in the highly desirable Magnolia Green Neighborhood!! Beautiful craftsman style exterior with stone accents and a covered front porch! Lovely craftsman style doors and tall baseboards throughout! Open foyer with office/flex space off to the right with french doors! The open concept dining room offering has lovely custom woodwork. Kitchen with upgraded cabinetry, granite counter tops, ceramic backsplash, wall oven/microwave, gas cooking, refrigerator, counter overhang, and walk-in pantry with tons of shelving!! The family room is the heart of the home with a floor to ceiling stone double sided fireplace! The FLORIDA ROOM is perfect with tons of natural lighting with 5 windows and a door to the patio! Spacious FIRST FLOOR PRIMARY with a fantastic SPA like bath and a HUGE walk-in closet!! Laundry room is great - cabinets, sink, and washer and dryer convey!! Upstairs you will find two nice sized bedrooms, hall bath, loft space and walk-in attic storage!! FRESHLY PAINTED!! Garage has also been recently painted and has storage shelves! The yard is fully fenced with privacy vinyl fencing and a 13'x21' STAMPED PATIO! Magnolia Green offers state of the art amenities: Resort Style Aquatic Center, Clubhouse, Golf Course/Restaurant, lighted Tennis/Pickleball Courts, Sidewalks, Playgrounds, basketball, sports field, etc/and year round social calendar for all!! Award winning schools: Moseley Elementary School located in the Neighborhood!! Magnolia Green is zoned to attend the brand new Deep Creek Middle School in the fall(buyer to verify). Highly rated Cosby HS! Don't miss this lovely home!!
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| Feb 21, 2023 | Sold | ||
| Sold | |||
| Jan 9, 2023 | Listed by Keller Williams Realty | $464,950 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017