1278 Valley Road
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%.
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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 |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Apr 8, 2023 | Listed by Bean Group / Peterborough | $299,900 | |
| Listed by Bean Group / Peterborough | |||
| Mar 23, 2023 | No longer available | - | |
| No longer available | |||
| Mar 13, 2023 | Price Decreased |
$310,000
↓ $15K
(4.6%) | |
| Price Decreased | |||
| Feb 23, 2023 | Listed by Bean Group | $325,000 | |
| Listed by Bean Group | |||
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Nestled in the woods off of Valley Road, you’ll find this charming cabin situated on 2.41 acres. This home has been loved & cherished by the same family for over 30 years! Not only does this home offer easy one level living, but an open floor plan, vaulted ceilings, & plenty of natural light! Upon entering, you will be greeted by a cozy room with knotty pine throughout, that was previously used as a TV/entertainment room. This room could be converted into whatever your heart desires. From there, you’ll walk into the kitchen which has a walk-in pantry,& then into the post & beam dining room/living room. Open up the sliding door & step out onto the deck, where you can entertain guests, or sit out and enjoy listening to the calming sounds of the babbling brook at the back of the property & soaking up some sun! Off of the dining room, there is another room that was recently redone & could be easily converted back into a bedroom, making it a 3 bedroom home. The back of the property borders a small pond/brook, where you can spend the day trout fishing! This property also has deeded rights to Highland Lake which is a +/- 700 ac body of water! The lake access is through a private beach & boat launch located approx. 1.5 miles down the road. This location offers hiking, snowmobiling, four wheeling, fishing, motorboating,& canoeing/kayaking. Come meet your forever home today! The manager has listed the unit size as 1718 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017