3031 MALCOLM DRIVE
About This Property
The open-plan living and kitchen areas feature stylish flooring, granite countertops, and stainless steel appliances that come together beautifully. The living space overlooks the expansive backyard, with sliding patio doors that invite natural light and seamlessly connect indoor and outdoor living.
The split-bedroom layout offers privacy, with the primary suite on one side complete with its own bathroom and walk-in closet, while the two additional bedrooms and full bathroom are located on the opposite side of the home.
Step outside and you'll find endless possibilities. There's plenty of space to add a pool, create play areas, or design the outdoor setup you've always wanted. A large shed provides ample storage and could even be converted into a potential office or workspace.
Don't miss the opportunity to own this lovely property, conveniently located near major shopping, dining, and highways.
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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 27, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Relisted | $279,900 | |
| Relisted | |||
| Jan 19, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Relisted | $275,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017