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15920 Malibu E
About This Property
The layout includes 4 bedrooms, 3 full baths & dedicated office with built-ins & private balcony overlooking lake. Primary suite & guest bedroom down, offer flexibility for guests or multigenerational living. Upstairs features 2 oversized bedrooms & generous storage. LED lights, high ceilings & hard flooring thruout. Large covered back porch overlooks fenced backyard & lake, with space for grilling, dining & gathering year round. Boathouse with 2 boat slips/lifts, jet ski lift & built in storage. 10k lb lift w galvanized steel beams, vinyl/composite bulkhead. 24KW generator, Trane AC, mosquito system, sprinkler system. Never flooded.
Cape Malibu:pool, fishing pier & boat ramp.
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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 18, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 17, 2026 | Listed by eXp Realty LLC | $1,100,000 | |
| Listed by eXp Realty LLC | |||
| Jul 28, 2017 | Listed | $550,000 | |
| Listed | |||
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Beautiful Waterfront Home on the North end of Lake Conroe in Cape Malibu. Very open living area, with vaulted ceilings, wood burning fireplace. Kitchen open to living area, with Island breakfast bar, gas range. Wet bar with Ice maker, wine rack, refri. Master Suite w/double sinks and closets, garden tub, separate shower. Gameroom up, or could be 5th bedroom. Lots of storage! Only one owner, very well kept. Covered Boat slip with lift, storage area. Area pool. Whole House Generator. New Roof 2016 The manager has listed the unit size as 3065 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017