48
Map
108 Valencia Drive
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 |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by RE/MAX Revolution | $819,900 | |
| Listed by RE/MAX Revolution | |||
| Apr 3, 2013 | Sold | ||
| Sold | |||
| Jan 31, 2013 | Listed by Real Estate, LTD | $199,900 | |
| Listed by Real Estate, LTD | |||
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Great location, deep water lagoon.Minutes to the open water. Newer vinyl bulkhead. Home being sold as is, was damage by Super Storm Sandy. Owner did some repairs. Value is in the land. Home is being offer as tear down and buyer will assume responsibility for all information for repair or rebuild of this property. House most likely would have to be raised. Pending final federal and local regulations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017