116 Valley Edge 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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Price Decreased |
$389,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by 1 Look Real Estate | $395,000 | |
| Listed by 1 Look Real Estate | |||
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Welcome home to this stunning ranch-style retreat nestled on a serene cul-de-sac lot in a peaceful neighborhood. Sitting on over 1.3 acres, this home offers the perfect blend of privacy, comfort, and modern upgrades with an open floor plan. Step inside to find fresh paint throughout, brand-new appliances, and a new roof with a transferable warranty—ensuring peace of mind for years to come. The main level boasts a spacious, inviting layout, while the finished basement adds incredible versatility, featuring a bedroom and full bathroom—perfect for guests, in-laws, or a private retreat. Love outdoor living? Relax on your rocking chair front porch or unwind on the screened-in back deck, where you can enjoy the serene surroundings year-round. Need extra storage or workspace? This home includes a HUGE garage with ample storage for all your needs. Don’t miss your chance to own this move-in-ready gem in a highly sought-after location! Schedule your private tour today!
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| Feb 25, 2025 | Listed by 1 Look Real Estate | $395,000 | |
| Listed by 1 Look Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017