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1216 Malone Street
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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 |
|---|---|---|---|
| Sep 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 24, 2026 | Listed by Real Broker, LLC | $1,185,000 | |
| Listed by Real Broker, LLC | |||
| Jul 22, 2026 | Listed by Real Broker, LLC | $1,195,000 | |
| Listed by Real Broker, LLC | |||
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1216 Malone Street in Woodcrest is not your typical Inner Loop home. This stunning 2 story home offers 4 bedrooms, multiple living spaces,
and a wraparound courtyard with a pool, creating a private retreat unlike any other. Oversized windows and sliding glass doors fill the home with natural
light, blending indoor and outdoor living. The first floor is polished concrete with an open concept living area overlooking the courtyard and
pool. The redesigned kitchen has updated cabinetry, a custom backsplash and island, and an oversized pantry. Upstairs you'll find no carpet, a game
room, 3 secondary bedrooms, an impressive owner's retreat with soaring ceilings, a custom closet headboard, an additional oversized walk-in closet,
and courtyard views. This Inner Loop beauty is zoned to Memorial Elementary, Hogg Middle, and Lamar High School. Conveniently located near Awty international School, Memorial Park, dining, shopping, and entertainment destinations. Contact us today for a tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017