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16274 Malahat Road
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | Listed by Coldwell Banker Home Source | $669,000 | |
| Listed by Coldwell Banker Home Source | |||
| | |||
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This Immaculate home located in the desirable Desert Knolls area of Apple Valley is truly an Entertainers Delight! How about an ASSUMABLE VA Loan at 3.5% interest! Balance is $437,000 with a $2,688/mo payment. The owner spared no expense in creating a paradise in the backyard of this home. And it's all only a few years new! Beautiful pool, spa, pool grotto with a slide, and a gazebo complete with electricity, ceiling fan, and large outdoor fireplace. Also enjoy your own private putting green and your relax in your own backyard beach area! Professional backyard landscaping includes low voltage lighting that brings the environment to life after dark! You must see it to believe it! There is ample fenced RV parking on BOTH sides of the home and the property has RV Hookups, a three-car oversized garage (834 sq. ft.) and a porte cochere for covered parking at the front door. Spacious bedrooms include ceiling fans, newer carpeting, and two of the four bedrooms offer direct access to the outdoor oasis! Master Bedroom has two closets and Master Bath offers separate walk-in shower and jetted garden tub as well as double sinks and granite countertops. Bathrooms are both upgraded to add a touch of elegance. Spacious Kitchen with loads of storage, wrap-around breakfast bar, upgraded stainless steel microwave and oven/stove, granite countertops and backsplashes, and even recessed lighting. Gaze out on your backyard oasis from the breakfast nook. Sit by the 2-way fireplace and enjoy the fire from either the living room or family room. Enjoy the massive covered patio with electricity and lighting that spans almost the entire rear of the home. This elegant split floorplan home offers just about all of the amenities anyone could ask for! Truly a Must See!
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| Oct 31, 2019 | Sold | ||
| Sold | |||
| Aug 14, 2019 | Listed by EXIT ALLIANCE REALTY | $384,900 | |
| Listed by EXIT ALLIANCE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017