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121 MALIBU DRIVE
About This Property
The Deerfield Floorplan is everything you are looking for, without compromise, featuring 1,950 square feet of living space, 4 bedrooms, 2.5 baths and a 2-car garage. You'll immediately feel at home as you enter into the spacious, bright great room. This living space flows nicely into the dining area and then kitchen, which highlights a large, modern island with plenty of counter space, quartz countertops, stainless steel appliances & large walk-in pantry. Upstairs, experience the roomy owner's suite with large walk-in closet and private owner's bath. There are 3 additional bedrooms all with plenty of closet space, a hall bath with double sinks and a second-floor laundry room, which simplifies an everyday chore!
*Your new home also comes complete with our Smart Home System featuring a Qolsys IQ Panel, Honeywell Z-Wave Thermostat, Amazon Echo Pop, Video doorbell, Eaton Z-Wave Switch and Kwikset Smart Door Lock. Ask about customizing your lighting experience with our Deako Light Switches, compatible with our Smart Home System! **Photos representative of plan only and may vary as built.
**Now offering closing cost incentives with use of preferred lender. See Sales Representatives for details and to book your appointment today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| Mar 24, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Price Decreased |
$445,990
↓ $4K
(0.9%) | |
| Price Decreased | |||
| Feb 26, 2025 | Price Increased |
$449,990
↑ $4K
(0.9%) | |
| Price Increased | |||
| Feb 16, 2025 | Listed by D.R. Horton Realty of New Jersey | $445,990 | |
| Listed by D.R. Horton Realty of New Jersey | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017