920 Malabar Road
About This Property
The expansive land provides endless possibilities, whether you dream of a lush garden, space for animals, or simply a private escape from the hustle and bustle. Additionally, with the potential for a commercial zoning change, this property opens doors to investment and entrepreneurial opportunities. Whether you envision a small business, a boutique retreat, or another creative venture, this unique space offers the flexibility to bring your ideas to life. Embrace the tranquility, embrace the challenge, and make this delightful property your own!
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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 12, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Listed by Brownfield R. E. Group. Inc. | $625,000 | |
| Listed by Brownfield R. E. Group. Inc. | |||
| Feb 26, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2023 | No longer available | - | |
| No longer available | |||
| Oct 1, 2023 | Listed by Brownfield R. E. Group. Inc. | $599,000 | |
| Listed by Brownfield R. E. Group. Inc. | |||
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About Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017