31353 MALBEC DRIVE
About This Property
The Carlisle showcases impressive two-story living with thoughtful design and elevated finishes throughout. A charming covered front porch and striking stone-accented exterior create standout curb appeal, while the welcoming foyer leads to a private den with double French doors, creating the ideal space for a home office, study, or quiet retreat.
At the heart of the home, the expansive great room is enhanced by added windows and six LED lights, filling the space with natural light and creating an inviting setting for entertaining and everyday living. The chef-inspired kitchen overlooks the main living area and features quartz countertops, a decorative tile backsplash, cabinet crown molding, stainless steel appliances including an ENERGY STAR certified side-by-side refrigerator, an L-shaped walk-in pantry, and a spacious dining nook. Just beyond the great room, the extended screened lanai provides the perfect place to enjoy Florida's beautiful weather year-round.
Luxury EVP flooring extends throughout the entire first floor and all upstairs bathrooms, while upgraded carpet and premium pad add comfort to the bedrooms and second-floor living spaces. Smart home features, including Deako smart switches, add modern convenience and enhanced control throughout the home.
An elegant iron handrail leads upstairs to a versatile loft and bonus room, enhanced by four additional LED lights. Four spacious bedrooms provide comfortable accommodations, including Bedrooms 3 and 4, which share a convenient Jack-and-Jill full bath. The flexible loft and bonus areas can easily serve as a media room, fitness space, study area, or additional lounge.
The private primary suite serves as a relaxing retreat, highlighted by four added LED lights, a spa-inspired bath with a soaking tub, a beautifully tiled shower with upgraded enclosure, and an oversized walk-in closet. Additional storage solutions are thoughtfully integrated throughout the home, including a large storage area adjacent to the oversized three-car garage.
Practical upgrades continue in the garage with a utility sink for added convenience. Blending style, comfort, technology, and functionality, The Carlisle delivers exceptional living in one beautifully designed home.
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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 |
|---|---|---|---|
| Aug 29, 2026 | Sold | ||
| Sold | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Price Decreased |
$399,900
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Jul 2, 2026 | Relisted | $449,900 | |
| Relisted | |||
| Jun 3, 2026 | Listed by NEW HOME STAR FLORIDA LLC | $437,850 | |
| Listed by NEW HOME STAR FLORIDA LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017