32 Malvern Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Dec 29, 2023 | In contract | - | |
| In contract | |||
| Dec 7, 2023 | Listed by Douglas Elliman Real Estate | $749,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Beautifully renovated Hi-Ranch (2023) taken down to the studs with no expense spared. This 4 bedroom, 3 full bath home is situated on .38 acres in the highly desirable M-section of Stony Brook and Three Village School District. The open floor plan with newly vaulted ceilings throughout the kitchen, dining room and living room is ideal for entertaining. The custom center island kitchen features quartz countertops, ss appliances and beautiful tile backsplash. Sliding glass doors take you outside to a brand new deck that is ideal for barbequing. The entire first floor has brand new hardwood floors with custom moulding. A vaulted primary bedroom with ensuite bath and its own private balcony is the perfect retreat. Two additional bedrooms and a full bath complete the first floor. Lower level includes expansive porcelain tile den with wood burning fireplace, wet bar as well as 4th bedroom and full bath. Mud room with washer and dryer and access to two-car attached garage. The backyard is a wonderful sanctuary which features a 950 square foot expertly renovated L-shaped inground pool and is surrounded by a beautiful classic brickwork patio. New siding, windows, roof, front entrance, driveway. CAC, 200 amp electric. Move right into this amazing home!
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| Nov 27, 2023 | Listed by Douglas Elliman Real Estate | $749,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jul 3, 2023 | Sold | ||
| Sold | |||
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About Stony Brook
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017