1624 Malta 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%.
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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.
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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Redfin | $850,000 | |
| Listed by Redfin | |||
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Welcome to this beautifully updated 3-bedroom, 2-bath home, packed with custom features and high-end finishes. The kitchen is a chef’s dream, boasting quartz countertops, a stunning quartzite sink, newer appliances, and premium cabinets crafted from maple. You’ll love the custom touches, including a spice drawer, hidden knife storage, a media cabinet, and custom oak shelving. The large kitchen overhang offers plenty of seating, perfect for casual dining or entertaining. Step outside to enjoy the added deck with a pergola, creating a wonderful outdoor living space ideal for gatherings or simply unwinding in the fresh air. The backyard also features a hand-built playhouse and fire pit, making it a perfect spot for family fun. Both bathrooms have been updated with new plumbing, and hand-made Moroccan Zellige tile for a spa-like feel. The secondary bath also features a luxurious cast iron tub. The handmade Mexican tile backsplash in the kitchen and cozy fireplace adds a warm and inviting touch throughout. The home offers modular closet storage for maximum organization, and the elevated street position provides lovely views and a sense of privacy. 1500 square feet of professionally installed premium turf, lemon, lime, and plum trees in back yard. Plus, you’ll enjoy the convenience of easy access to the 805 freeway, making commutes a breeze. This home is truly one-of-a-kind, blending modern updates with artisanal details.
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| Oct 3, 2018 | Sold | ||
| Sold | |||
| Aug 30, 2018 | Listed by Redfin Corporation | $509,900 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017