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16100 MALCOLM DRIVE
About This Property
Step inside to find a bright and inviting living room featuring a beautiful bay window that fills the space with natural light, along with one of two cozy fireplaces-perfect for relaxing evenings. The thoughtfully designed layout includes a kitchen and dining area that seamlessly walks out to a backyard deck, creating an easy flow for everyday living and entertaining.
The fully finished walkout basement provides additional living space with a second fireplace, offering endless possibilities for a recreation room, guest area, or home office.
Outside, you'll fall in love with the private, fully fenced backyard oasis, complete with a stunning koi pond and plenty of room to relax, garden, or entertain. Car enthusiasts and hobbyists will appreciate the impressive 4-car garage, expanded driveway, and additional carport, providing ample parking and storage. A brand-new shed with electricity adds even more versatility for workspace or storage needs.
This unique property combines peaceful outdoor living with practical amenities-don't miss your opportunity to make it yours!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017