3450 Malagrotta Circle
About This Property
dishwasher (2020) adding modern luxury to the kitchen. The first floor features a versatile bedroom that could easily double as an office or den, offering flexible living space to suit your needs. Upstairs, you'll find a spacious bonus room, ideal for a media room, home theater, or whatever your imagination desires. New ceiling fans & plantation shutters add comfort and elegance to the first-floor rooms. Step outside to the brick paved lanai, where you can unwind while enjoying tranquil pond views and incredible sunset views, a peaceful retreat perfect for relaxing or entertaining. The backyard oasis includes a newly re-screened pool cage (2023), an energy-efficient pool pump (2023), and a covered lanai area complete with multiple ceiling fans, creating a perfect space for Florida living. The home also boasts a new water heater (2022) and a generator hook-up for extra peace of mind during storm season. The garage and additional space is ideal for fitness enthusiasts or extra storage needs which has new epoxy floors. In additional, the garage could be easily converted back to it's original configuration of a 3 CAR GARAGE (see floor plan attached). Accordion & electric roll down hurricane shutters provide peace of mind. As part of a fantastic, gated community, you'll enjoy Xfinity cable/internet, lawn care, gated security, and incredible amenities including a clubhouse, community pool, fitness room, tennis/pickleball courts, and a sports park with basketball courts and beach volleyball. This home is more than just a place to live-it's the lifestyle you've been dreaming of. Don't miss out!
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Cap Rate Calculator
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 28, 2025 | Sold | ||
| Sold | |||
| Apr 25, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Price Decreased |
$554,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Mar 8, 2025 | Price Decreased |
$559,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Mar 1, 2025 | Relisted | $569,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017