1100 Valencia Mesa Drive
About This Property
As you step inside, you'll be welcomed by the large and bright living room with picture windows and a French door leading to the pool and patio. Fire places are located in both the living room and family room, enhancing the charm and coziness of the living areas. The four large bedrooms, each with its own bathroom, provides ample space and privacy. Additionally, there a dedicated space for an office or den off of the family room.
The primary bedroom suite is a true retreat, featuring an exercise room, sauna room and two ensuite bathrooms, ensuring ultimate convenience and luxury. An added touch in the primary suite is an appealing fireplace. The home includes a bright updated kitchen and full laundry area.
The park-like setting in the front yard provides curb appeal and a serene setting. For leisure and entertainment, the backyard is a retreat with a sparkling pool, spa and a covered patio, built in barbeque that could be perfect for gatherings and relaxation. This home has so much to offer and could also be an ideal multigenerational home. The home has solar panels for great efficiency as well!
This is a delightful home offering an abundance of space, comfort and luxury.
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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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Jan 24, 2024 | Listed by Century 21 Discovery | $2,500,000 | |
| Listed by Century 21 Discovery | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017