2113 MALCOLM DRIVE
About This Property
This home is conveniently located just minutes from the active clubhouse. Major updates include a new roof (June 2025), updated electrical panel (May 2025), and a newer hot water heater, offering peace of mind for years to come. Step inside and feel instantly at home. The layout features two spacious bedrooms plus a den off the family room, providing flexible living space. Enjoy your morning coffee on the rear paver patio or relax on the front paver patio while chatting with neighbors. The centrally located kitchen is the heart of the home, perfect for gathering family and friends. This is Florida 55+ living at its best-active, social, and welcoming.
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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 |
|---|---|---|---|
| Mar 19, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Price Decreased |
$358,916
↓ $16K
(4.3%) | |
| Price Decreased | |||
| Dec 19, 2025 | Listed by KELLER WILLIAMS REALTY- PALM H | $374,916 | |
| Listed by KELLER WILLIAMS REALTY- PALM H | |||
| Jul 16, 2025 | Price Decreased |
$379,400
↓ $19K
(4.8%) | |
| Price Decreased | |||
Property Highlights
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About Highland Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017