913 Magdalene 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%.
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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 |
|---|---|---|---|
| Apr 7, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by Coldwell Banker Realty | $1,650,000 | |
| Listed by Coldwell Banker Realty | |||
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Wonderful 2 story 4/3.5/2 traditional built in 1998 by current owners in the City of Hedwig Village. Many recent updates including: Roof (2020) covering home, garage, & breezeway, Water heater (2019), A/C units (2017) 4 ton covers upstairs, (2014) 5 ton covers the downstairs. Primary bathroom Freestanding Shower (2017), Primary Bedroom (2016) beautiful California Custom closets (2) w/ wood floors and mirrors. Full size Maytag washer and dryer (2016) both remain. High end Kitchen-Aid oven, broiler & microwave. Home has all formals, high ceilings, study down with built-ins, open kitchen w/ island, wood flooring except in primary bedroom and utility room. The second floor has 3 bedrooms 2 full baths and a game room area that is currently being used as a second office. Walking distance to award winning SBISD schools and a private school. Easy drive to private school options. Short drive to Memorial City, Memorial Herman Hospital, City Centre, Town and Country Shopping, Beltway 8, and I-10.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017