342 Malverne Road
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | Listed by Moore Solutions Realty Group LLC | $562,500 | |
| Listed by Moore Solutions Realty Group LLC | |||
| | |||
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OVERSIZED LOT LOCATED IN THE SOUTH PALM BEACH ESTATES!!! 3 Blocks away from the Intracoastal!! The opportunity that you have been searching for! There are so many possibilities with this property that has a 2 bedroom 1 bath Mediterranean style home on a spacious lot with plenty of room for expansion or development! Just blocks away from Flagler Drive and minutes away from Palm Beach Island, Mar-a-Lago, the Ocean, Downtown West Palm Beach, PBI Airport, and the best shops and restaurants in the area! DO NOT MISS THIS OPPORTUNITY
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| Apr 3, 2012 | Sold | ||
| Sold | |||
| Apr 15, 2011 | Listed by Illustrated Properties LLC | $134,500 | |
| Listed by Illustrated Properties LLC | |||
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About Estates of South Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017