47 Malvern Lane
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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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Jun 8, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed by William Raveis-New York LLC | $1,049,000 | |
| Listed by William Raveis-New York LLC | |||
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Welcome to 47 Malvern Lane, located in the desirable north end New Rochelle sought-after neighborhood. This 4 Bedroom, 3.1 Baths split in a prime location. Great opportunity for someone looking to expand or renovate. You will love the convenience of this prime location - close to schools, Balducci's, Golden Horseshoe Shopping Center, JCC, parks, restaurants, fields, playgrounds and very easy commute to Scarsdale Village for Metro North Train to Grand Central. Two car attached garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017