15977 Malibu W
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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.
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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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by The McKellar Group | $749,000 | |
| Listed by The McKellar Group | |||
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Single story home on OPEN WATER on Lake Conroe! This home features unparalleled views of the peaceful national forest! Situated on a nice lot with mature trees and a picturesque view, this home has a split floor plan w/ 3 bedrooms, 2 baths, a 2 car garage and boat slip. High vaulted ceilings in living and kitchen with a wall of windows maximize your viewing area of the lake and provide a spacious entertaining area. The kitchen offers a walk in pantry, great dining area, and plenty of counter and cabinet space. Lake views from 2 bedrooms with outdoor access to oversized wooden deck. An extra deep garage features a workbench and cabinets. Relax in your beautiful back yard with a huge wooden deck, pergola and outdoor fireplace. Boat slip w/ lift and dock space for enjoying lake life! There's even storage underneath the deck for all your lake toys! Lawn irrigation from the lake, new a/c. Community pool, boat ramp and LOW TAXES!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017