3223 Malapai Lane
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Keller Williams Realty | $535,000 | |
| Listed by Keller Williams Realty | |||
| Apr 5, 2024 | Listed by Keller Williams Realty | $535,000 | |
| Listed by Keller Williams Realty | |||
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The wait is over! Exceptional property nestled on the Northeast side of the mountain. Highly desirable and established quiet neighborhood, this expansive 5 bedroom home offers something for everyone! Walking up to the home, you have a serene courtyard, and extra large detached garage. Paid off solar panels to keep electric costs down. Water filtration system is a great perk. Entire home is tiled, to keep cleaning easy and allergens low. Country kitchen has a great mix of vintage and modern touches, plus tons of prep space. Massive den with wet bar. Super spacious bedrooms. 2 of the bathrooms have been beautifully updated to match kitchen. One bathroom has access to the outside making it ideal for swimming parties. Heated Saltwater pool with enclosed. Outdoor kitchen is ideal for entertaining, plus has an observation deck to enjoys VIEWS FOR DAYS! Astroturf and natural landscaping takes the work out of upkeep. Have little ones? Playground is ready. Entire home painted and updated in tasteful neutral colors
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| Aug 10, 2016 | Sold | ||
| Sold | |||
| May 20, 2016 | Listed by Coldwell Banker Legacy | $235,000 | |
| Listed by Coldwell Banker Legacy | |||
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Perched up by the mountain, this very spacious home is tucked away with beautiful views of the mountain. You'll appreciate the proximity to US-54 & grand living spaces that will make those who love to entertain happy. Wonderful features such as refrigerated AC, dual-sided fireplace & brick flooring will charm buyers with eclectic tastes. At this price, you can customize to your heart's desire. The shady courtyard & dry bar will delight.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017