306 Malone Street
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%.
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 1, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | In contract | - | |
| In contract | |||
| Jan 26, 2024 | Listed by Martha Turner Sotheby's International Realty | $949,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Welcome to 306 Malone, located within walking distance to Memorial Park and easily accessible to all of Houston's favorite landmarks! Each welcoming space flows to the next distinctive space. Stand-out features of this possibly six bedroom single-family home include first floor living with chef's island kitchen featuring Bosch stainless steel appliances and breakfast bar seating, generously sized dining and living spaces overlooking outdoor kitchen & dining area, and pretty pool complete with water feature. Upstairs, you find the primary suite appointed with marble bath with double sinks, large walk-in closet, sitting area, and balcony. All bedrooms on second and third floor. Plenty of spaces for home gym and office. In addition to swimming & dining al fresco, your kids & pets will enjoy the freshly installed turf that's easily maintained. Recently refreshed & move-in ready! Thank you for virtually touring 306 Malone. You are welcome to schedule a private tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017