35
Map
2380 Malayan Drive #B
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Price Decreased |
$165,000
↓ $5K
(2.9%) | |
| Price Decreased | |||
| May 6, 2025 | Price Decreased |
$169,999
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Apr 22, 2025 | Listed by Better Homes & Gdns RE Fla 1st | $175,000 | |
| Listed by Better Homes & Gdns RE Fla 1st | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2025
|
2 Bed
|
1 Bath
|
982 ft²
|
$175,000
2 Bed
1 Bath
982 ft²
|
$155,000
-11.43%
09/08/2025
|
Rachel Benes
Better Homes & Gdns RE Fla 1st
| |
|
06/19/2018
| |
2 Bed
|
2 Bath
|
982 ft²
|
-
2 Bed
2 Bath
982 ft²
|
-
-
|
-
|
|
03/24/2015
|
2 Bed
|
2 Bath
|
1075 ft²
|
$77,500
2 Bed
2 Bath
1075 ft²
|
$68,000
-12.26%
05/29/2015
|
Jeff Rosenthal
Coldwell Banker
| |
|
03/31/2012
|
2 Bed
|
2 Bath
|
1075 ft²
|
$55,000
2 Bed
2 Bath
1075 ft²
|
$49,000
-10.91%
03/04/2013
|
Jeff Rosenthal
Coldwell Banker
|
Building Info
About Pines of Delray West
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$2,500 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017