8511 MAGNOLIA DR
About This Property
Here's What's Nearby
0.4 mi to Good Luck Community Center, Seabrook Park
1.1 mi to Goddard Space Flight Center
1.2 mi to Seabrook MARC Station
1.3 mi to Schrom Hills Recreation Center
2.2 mi to Greenway Center (Safeway, CVS, shopping)
2.9 mi to New Carrollton Metro
3.1 mi to Roosevelt Center (Greenbelt Cinema, Greenbelt Aquatic & Fitness Center)
Recent Improvements Include
New luxury vinyl flooring on parts of the main level and lower level 2024
Interior of home painted 2024
New dishwasher and stove 2024
New roof 2020
Regrading of the yard 2024
Electrical heavy up 2024
New sump pump 2023
New dryer 2017
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017