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1134 VALLEY DRIVE
About This Property
The main living areas feature a wood-burning fireplaces and a pellet stove, creating a warm and inviting atmosphere, while direct access leads to an impressive covered outdoor living space complete with a stunning stone fireplace, built-in speakers and built-in grill-ideal for year-round entertaining. The gourmet kitchen is designed to impress with a large center island featuring a prep sink, wine chiller, abundant wood cabinetry, and generous workspace for preparing meals and gathering with family and friends.
The spacious primary suite serves as a private retreat with a luxurious en-suite bath featuring a jetted soaking tub, separate shower, and plenty of room to relax. Three additional bedrooms and multiple living areas provide flexibility for family, guests, hobbies, or a home office.
Outside, you'll find an attached garage with access from the interior of the home, an oversized driveway with ample parking, and a private backyard complete with a swing set/playground for endless outdoor enjoyment.
Located in a sought-after water-oriented community, residents enjoy access to a community boat ramp, boat slips available for a nominal annual fee, a waterfront park and picnic area, playground, and basketball court. Whether you're launching your boat for a day on the water or simply enjoying the community amenities, this location offers an exceptional Chesapeake Bay lifestyle while remaining convenient to shopping, dining, and major commuter routes.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017