607 Malone Street
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 12, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by Beth Wolff, REALTORS | $935,000 | |
| Listed by Beth Wolff, REALTORS | |||
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This spacious contemporary patio home gives you an enormous flexibility: With up to 4 bedrooms, it can accommodate, while its flex rooms on the 1st & 4th floor are ideally suited as home office space for 2 people working from home. The open-concept 2nd floor combines a state-of-the art kitchen, dining, living and TV area. 2nd & 3rd floor boast large balconies. From the expansive roof terrace on the fourth floor enjoy sweeping views of Houston’s skyline while relaxing or entertaining your guests at a grand scale. An ELEVATOR allows for easy access. Tiles on the first floor and white oak hardwood floors throughout the rest of the house as well as high ceilings contribute to the sleek and minimalist appearance. The privacy of the fenced backyard provides a safe playground for children and can hold a hot tub or even a lap pool. This extremely versatile property is in equally close proximity to Memorial Park as to the restaurant scene on Washington Avenue. It has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017