2140 Malone 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%.
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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 |
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| Feb 25, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Webb Kirkpatrick Real Estate, Inc | $499,900 | |
| Listed by Webb Kirkpatrick Real Estate, Inc | |||
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If you are wanting a little bit of land with privacy and seclusion, look no further. This log home sits on 4.49 acres surrounded by mature trees with beautiful views. You can be at your own home and watch the 4th of July Fireworks at Cleburne Lake and The Depot. The expansive decks overlooking the koi pond offers peace and tranqulity. You will also love the covered porch that wraps around the home. There is even a chicken coop for you to raise chickens and have farm fresh eggs. The back pasture is cleared and has a barn perfect for a few cows or horses. Once you step in the home, you will love the exposed wood ceilings and walls and the vaulted ceiling with a large wood burning fireplace for the upcoming cold weather. The kitchen offers quartz countertops, custom cabinets with pull out drawers in the lower cabinets, and stainless appliances. The window over the kitchen sink overlooks the landscaped backyard makes washing dishes a pleasant chore. The primary bathroom has two large closets with a sererate dressing area and large soaking tub. If all of this is not enough, there is also a 20x30 shop, covered parking for a motorhome, two detached carports, and a hot tub for your enjoyment that is only about a year old. The rock columns for the fencing were built with rocks from the property. This property is very unique and has a lot to offer.
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| Jun 11, 2021 | Sold | ||
| Sold | |||
| Apr 19, 2021 | Listed by Better Homes & Gardens, Winans | $459,000 | |
| Listed by Better Homes & Gardens, Winans | |||
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COUNTRY LIVING WITH CITY CONVENIENCE!!! Beautiful log home with wraparound porch situated on 4.49 acres per the tax. Approximately 2.9 miles from downtown Cleburne & 7.3 miles to Chisholm Trail Parkway. Open concept family area with wood burning fireplace. Updated kitchen, quartz countertops, stainless steel appliances, and large breakfast bar for entertaining. Tile throughout main living area with hardwood floors in bedrooms. Owner's bath has large soaking tub with separate shower. Large deck overlooks koi pond and well maintained gardens. Lots of trees with fire pit for family gatherings. Covered parking available to up to six cars & covered RV storage. Pole barn & pasture area for horse lovers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017