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9704 Malvern Drive
About This Property
gated community of Malvern @ Kings Point. This spacious ''true'' 3-bedroom, 2-bathroom, 1 car garage home boasts 1718 living area sqft. Enjoy a well designed split floor plan that ensures privacy & comfort. Natural light truly illuminates the main interior which offers volume ceilings & skylights for additional sunlight. More than ample closet space and a large Master Bedroom walk-in closets too. The community offers security and exclusivity, while This villa's prime corner location enhances it's curb appeal. With convenient access to Kings Point Amenities including a wonderful
clubhouse that offers: State-Of-The-Art Performing Arts Theatre, and a Digital Cinema, Tennis, World-Class Fitness Center Indoor and Outdoor Pools Plus Spa. Well manicured lawns and gardens, air-conditioned Buses to local amenities. This property exemplifies 55+ adult living at its BEST! Why not call this property, Home?!?
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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 |
|---|---|---|---|
| Dec 19, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2023 | Listed by CENTURY 21 Tenace Realty | $359,900 | |
| Listed by CENTURY 21 Tenace Realty | |||
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About Westwood Community - North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017