98 Malauka LOOP
About This Property
payments of 1,700 P&I makes this already attractive new construction home IRRESISTABLE!! 3/2/2 Beautiful New Construction
Conveniently located in the Silver Spring Shores. MOVE IN READY! Open split floorplan that allows plenty of natural light into the living areas!!
Some of the high end finishes include solid wood cabinets; stainless steel appliance package; granite, vinyl wood plank flooring throughout home
and highly efficient insulated windows! Come live worry free in your newly constructed home with all the warranties that you won't get with an
older home. Square footage must be verified by the buyer.
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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 |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by ROBERTS REAL ESTATE INC | $249,900 | |
| Listed by ROBERTS REAL ESTATE INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017