1275 VALLEY VIEW DRIVE
About This Property
The exterior of the home sits on 0.5 acres and includes four (4) raised planter beds for gardening and three (3) sheds. The back patio is partially gated and spacious enough for multiple tables and umbrellas. The road is lined with White Cherry Blossom trees, and the back patio features a Pink Cherry Blossom. California Pine, Red Maple, and Japanese Maple trees are also present on the property, offering plenty of space for entertaining or simply enjoying leisure time. Only a couple of miles away from major retail stores and restaurants. Whether you're looking for a full-time residence or a weekend retreat, 1275 Valley View Drive delivers the best of mountain view living with modern convenience.
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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