118 Valley Road
About This Property
The kitchen is open to DR & LR w/ wood flrs,ctr island, granite countertops, high cabinets w/crown molding & stainless steel appliances. You will impress your friends while entertaining in this house. So many windows allow for light from east & southern exposures. Family room is open, right off kitchen w/ an upper deck perfect for that sunrise coffee & scone. Main bath is all tiled w/glass steam shower. 1st level features family room w/full brick wall fireplace w/raised hearth, all open to an office area & door to covered patio & fenced oversized backyard. Extra room was a kitchenette when home was a mother/daughter. Roof 2 yrs, furn/ac 8 yrs. Corner lot
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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 |
|---|---|---|---|
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by Gavin Agency | $599,900 | |
| Listed by Gavin Agency | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017