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10070 Valley Drive S
About This Property
land offers nearly half an acre of peaceful potential. Surrounded by the natural beauty of Lake
Conroe, the property boasts scenic views and access to boating for the ultimate lakeside
lifestyle. Whether you're dreaming of a weekend getaway or a full-time retreat, this quiet,
tree-lined setting is ready for your custom home. Enjoy the tranquility of nature with the
convenience of nearby lake amenities-your future starts here in Far Hills.
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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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Nan & Company Properties | $129,000 | |
| Listed by Nan & Company Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017