252 MALAUKA ROAD
About This Property
The primary suite includes a marble-accented bath with dual illuminated mirrors, a walk-in shower, and a remarkable 12x12 custom closet with built-in shelving, center island, and integrated lighting. A second bedroom and full bath complete the interior layout.
Construction details were elevated far beyond standard with this property. All walls and roof were sheathed in plywood, and additional framing was installed to create a flawless Hardy board exterior with concealed fasteners. Black gutters with stainless steel leaf guards are installed on the home. The HVAC system includes a true duct board trunk, filter-back returns, pleated filters, and an Ecobee thermostat with movable sensor for balanced temperature control. The well extends more than 300 feet and includes a dedicated service outlet for a filtration system.
The HUGE detached 50x70 garage offers substantial space for vehicles, storage, and workshop use plus carries 6-inch black gutters with stainless steel leaf guards. Additionally, the property includes a 400-amp underground electrical system with a 200-amp house disconnect, generator transfer switch, and a dedicated 200-amp breaker for the garage. Electrical conduit and permitting are already in place for completion.
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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 14, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Nov 3, 2025 | Listed by BERKSHIRE HATHAWAY HS FLORIDA | $625,000 | |
| Listed by BERKSHIRE HATHAWAY HS FLORIDA | |||
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About Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017