423 Malden Drive
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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.
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 27, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by DMD Realty, LLC | $379,900 | |
| Listed by DMD Realty, LLC | |||
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Recently rehabbed, all new flooring, carpet and laminate 5 new ceiling fans, new interior 6 panel doors, windows recently updated new bathroom vanities upstairs, 3 new toilets, 3 new bathroom faucets, new kitchen cabinets new recessed kitchen lighting new kitchenette lighting, new kitchen sink and faucet and marble counter top and tile backsplash 2 new garage door openers, new upstairs bathroom lighting retiled upstairs bathrooms and new shower door enclosure, freshly painted interior and exterior, walking distance to Northridge within the outstanding Richardson ISD school system
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| Feb 12, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by Ebby Halliday, REALTORS | $269,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Bring your vision and contractor to remodel this home. Many possibilities. Great for an investor. Two story with 2 living areas, four bedrooms, two and half baths, and 2 car garage. Large backyard. Windows have been replaced. Two air conditioning units. Sold in AS IS condition. Seller will make no repairs. Close to school, major streets, US 75. No survey available. New survey will be buyer's expense.
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14566094
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017