2480 Malabar Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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%.
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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Apr 5, 2024 | No longer available | - | |
| No longer available | |||
| Feb 27, 2024 | Listed by EXP REALTY LLC | $315,000 | |
| Listed by EXP REALTY LLC | |||
| | |||
|
Welcome to 2480 Malabar Road, a property brimming with potential in the charming town of Malabar, Florida. This home offers a cozy and comfortable living space with two bedrooms and two bathrooms, providing a perfect retreat for those seeking a peaceful lifestyle. As you approach the property, you'll notice the unique feature of a 536 square foot two-car garage that has been partially converted into additional living space. The concrete has been raised to the home's main level, maximizing the usable area and offering flexibility for customization. With this zoning of RU/CL, Commercial Limited use is permitted, opening up exciting possibilities for home-based businesses or commercial ventures. Situated on over an acre of land with frontage on Malabar Road, the property enjoys excellent visibility and accessibility. Whether you're considering establishing a home office, showcasing your artistic creations, or exploring entrepreneurial opportunities, the commercial The manager has listed the unit size as 1444 square feet.
| |||
| Feb 13, 2024 | Listed by EXP Realty LLC | $315,000 | |
| Listed by EXP Realty LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Malabar
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,750 /mo
- 2 Beds
- 2 Baths
- 1,304 ft²
$1,700 /mo
- 3 Beds
- 2 Baths
- 1,107 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017