122 Via Valverde Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 31, 2023 | No longer available | - | |
| No longer available | |||
| Dec 5, 2023 | In contract | - | |
| In contract | |||
| Nov 29, 2023 | Relisted | $106,000 | |
| Relisted | |||
| Nov 15, 2023 | In contract | - | |
| In contract | |||
| Oct 8, 2023 | Listed by Alder-LaRue Properties | $106,000 | |
| Listed by Alder-LaRue Properties | |||
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122 Via Valverde is a large and comfortable home with stunning views and amazing potential. This 1972 Balboa build is 1536 sq. ft. with two add-ons, rendering a total living area of 1892 sq. ft. The entry foyer provides direct access to a large area, currently outfitted as an office, with its own slider onto the outdoor patio. To the left is the spacious formal living room flooded with light from the east-facing windows which frame the breath-taking view onto the golf course and the mountains beyond. The dining area opens into the kitchen featuring stainless steel appliances, a white French door fridge and ample storage. Adjacent is an ample den area with large wet bar for informal gathering, opposite is the roomy and bright guest bedroom with ¾ bath. Down the hallway is the laundry room with full-size W / D and ample cabinetry. The primary suite is at the west end of the home, large enough for a king bed and night tables and with large mirrored doors on the extensive closet. The ensuite primary bathroom features double sinks and a corner garden tub. Climate control is, of course, central heating and AC. The carport on the north side of the home provides extensive storage and tandem parking for two vehicles, and there are two storage sheds on the property. Monthly space rent at this appealing home will be $1495.00 per month. This home will appeal to the discerning buyer who can envision transforming its inherent features into a stunning contemporary residence. The manager has listed the unit size as 1892 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017