116 Malmy Drive
About This Property
Step outside and discover one of this home's standout features--a spacious backyard with plenty of room for entertaining, summer barbecues, gardening, or even adding the pool of your dreams. Conveniently located near Frede Park, local shopping, dining, schools, and just a short distance to the beaches. This home offers the opportunity to enjoy everything the Jersey Shore lifestyle has to offer. Some photos digitally enhanced
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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 14, 2026 | Sold | ||
| Sold | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by Agosta Realty Group LLC | $539,000 | |
| Listed by Agosta Realty Group LLC | |||
| Aug 11, 2017 | Sold | ||
| Sold | |||
| May 1, 2017 | Listed by Weichert Realtors-Brick | $254,900 | |
| Listed by Weichert Realtors-Brick | |||
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Looking for a large backyard-this one is for you! Plus 10 x 18 Shed with 10 x 10 Loft. Located in the Pt. Pleasant Manor Section of Brick. Walking distance to the lovely renovated Frede Park. Open Floor Plan with beautiful refinished hardwood floors. Remodeled kitchen. Lovely Screened in Back Porch. Full basement offers family room with recessed lighting, newer vinyl windows, plus laundry,storage area and Bilco Doors
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017