16 Malone Ave
About This Property
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Naples Realty Group | $349,900 | |
| Listed by Naples Realty Group | |||
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Begin your next chapter in this fully remodeled colonial revival, conveniently located near shopping, restaurants, schools, parks, etc! Enter into a spacious living room with an abundance of natural light, thanks to new replacement windows, fresh paint and beautifully refinished hardwood flooring. The living room is open to the brand new kitchen with upgraded cabinets, quartz countertops, tiled backsplash, and stainless steel appliances. A remodeled half bath and dedicated dining room complete the first level. Upstairs features 3 generously sized bedrooms, and the remodeled full bath with tiled shower/tub and vanity with quartz countertop. Features like a brand new roof, replacement windows, vinyl siding, new electrical service, driveway, landscaping, and a sprawling front country porch, nothing left to do but move in! Don't miss your opportunity to see this perfect turn-key house, book your showing today!
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| Jan 9, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 6, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017