11402 Valley Stream 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 |
|---|---|---|---|
| Jul 17, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed by Clay Property | $529,000 | |
| Listed by Clay Property | |||
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This lovely home is located on a cul-de-sac street in Sherwood Oaks. The layout of the home is very functional with the bedrooms situated together on one side of the home and the living areas on the other. The vaulted ceiling and gas fireplace in the living area, the brick arch over the stove, and the brick wall and vaulted ceiling in the primary bedroom add to the charm and character of the home. The large utility room off of the breakfast area is connected to the garage and offers plenty of space for a mudroom. The covered patio in the backyard is great for outdoor entertaining or just relaxing. The potential for a pool in the backyard is a nice bonus. The location of the home is appealing with Sherwood Elementary Dual Language School located at the back of the neighborhood. The proximity to City Centre and Memorial City Mall, both just a 5-minute drive away, provides convenient access to shopping, dining, and entertainment options.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017