83 Sweet Magnolia 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 |
|---|---|---|---|
| Aug 20, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Feb 10, 2025 | Listed by MMW Realty | $1,750,000 | |
| Listed by MMW Realty | |||
| Dec 2, 2024 | No longer available | - | |
| No longer available | |||
| May 23, 2024 | Listed by The Agency | $1,795,000 | |
| Listed by The Agency | |||
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Elegant property with INCREDIBLE architecture sitting on 2.3 acres and built into a SECLUDED hillside, The "Jade" is intended as a high-end rental property or vacation in the coveted Woodland Hills Addition! It boasts floor to ceiling windows, a modern gas fireplace, bar with built-in ice maker, and luxury furniture that STAYS! When not relaxing and viewing the wooded landscape, the recreation room possesses a luxury pool table and table tennis ideal for entertaining. A large chef's kitchen sits off the living space showcasing a quartz waterfall countertop, built-in espresso machine for custom cappuccinos/lattes, gas oven, and oversized commercial refrigerator/freezer. The kitchen connects to the outdoors, with the option of covered seating and outdoor fireplace as well as open seating to view the stars, sunsets, grill, or roast marshmallows around the fire pit. Jade features 4 bedrooms within the cabin, each with its own king size memory foam bed, electric blinds, and ensuite bathrooms! The bunk room contains 4 king sized beds complete with privacy and lighting within each cubby. All bedrooms feature an entire wall of floor to ceiling windows to watch the stars, wildlife, and sunrises from bed. Steel floating staircase leads you to the second floor to view the “Green Room” with double attached balcony, the first off the master bedroom and the second off the on-suite bathroom. This shower boasts a "wet room" with floor to ceiling green tile, double shower heads, and deep soaking tub. Both the green room and the pink room offer extra guests as well with a chaise lounge option for a third sleeper. In addition, the “Pink Room” offers a reading nook that doubles as a sleeping space for an extra guest. This private balcony faces West and offers miles and miles of forest & sunset views. The master bath is a showstopper with modern pink tile, floating sinks, and double shower. Feel secluded, yet be 12 min from Hotchatown amenities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017