8677 Magnolia Way
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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | Listed by RE/MAX Classic | $429,000 | |
| Listed by RE/MAX Classic | |||
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Welcome to this inviting 4 bed, 2.1 bath home located in the highly sought-after Thornton Farms neighborhood. with a corner lot and wider and larger driveway.
The garage has an epoxy floor and storage shelving. The home was recently updated to include new exit door a paver patio and extraordinary landscaping in the front and back yards. It is a special home for living and for entertaining friends or family. New carpet in neutral tones compliment the laminate in the kitchen and hallways. New blinds and extra wood trims create style throughout. It boasts three living areas in addition to the eat-in kitchen. Abundant storage spaces are found throughout- from the entry closet , to the walk-in pantry and primary closet, as well as each bedroom and the basement which can be finished or used as it. The egress window allows for bright and useful space for many activities.
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| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 25, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Relisted | $305,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017