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About This Property
Water Valley offers security throughout the community & is a golf cart community where you can walk or ride to nearby restaurants, recreational facilities, lakes for fishing or water sports & beautiful beaches to enjoy those sunny Colorado days. Water Valley residents are able to join the Pelican Lakes golf club with a number of different membership options and there are also options for joining the Rain Dance River Resort and/or the local fitness facility, the W Club.
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| Jan 25, 2024 | Listed by Keller Williams Preferred Realty | $789,000 | |
| Listed by Keller Williams Preferred Realty | |||
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Your SPACIOUS dream home is here!! Come see this gorgeous 4-bed, 3.5-bath residence in Water Valley! Displaying a grassy landscape, all new stone accents, cozy front porch, and a 4-car tandem garage with an extended driveway. Enter and be greeted by a welcoming living room with an adjacent formal dining room! The family room opens to the kitchen, boasting a two-way fireplace connected to the versatile den, creating a warm and inviting atmosphere. The kitchen is a dream for anyone who loves to cook & entertain with exquisite features all high-end SS appliances, granite counters, recessed lighting, travertine backsplash, center island, staggered cabinetry with crown molding, gas cooktop, double ovens & NEW Dishwasher. Head upstairs to find the 4 bedrooms, each thoughtfully designed with walk-in closets. The oversized primary bedroom includes a double-door entry, 3 CLOSETS, coffee bar, and a lavish ensuite bathroom with two vanities & a separate tub/shower the shower has all NEW glass just installed. Home has 2 AC unit & 2 Furnaces! Let's not forget the FULL unfinished basement, offering endless possibilities for personalization! Whether you envision a home gym, entertainment center, or additional living space, this area is ripe for transformation to suit your unique lifestyle. Enjoy the wonderful backyard, a great spot to unwind after a long day! This value, nestled within a tranquil cul-de-sac, provides the perfect combination of sophistication, comfort, & functionality, making it a true gem.
Water Valley offers security throughout the community & is a golf cart community where you can walk or ride to nearby restaurants, recreational facilities, lakes for fishing or water sports & beautiful beaches to enjoy those sunny Colorado days. Water Valley residents are able to join the Pelican Lakes golf club with a number of different membership options and there are also options for joining the Rain Dance River Resort and/or the local fitness facility, the W Club.
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| Aug 28, 2014 | Sold | ||
| Sold | |||
| Apr 25, 2011 | Listed | $284,900 | |
| Listed | |||
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Fantastic Ranch plan with great use of space, dual master closets, open floor plan with breakfast bar that opens to dining which is open to family room. Use our One-Time Close 3.5% down program and be in just 120 days from permit. *Soils test and Lot may affect end price.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017