1422 Spring Valley 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 |
|---|---|---|---|
| Mar 20, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2020 | Listed by Baird & Warner | $300,000 | |
| Listed by Baird & Warner | |||
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This lovely home was remodeled top to bottom in 2017. Kitchen has 42" white shaker style cabinets with quartz counter-tops and all stainless steel appliances. A breakfast bar counter opens up the kitchen to the living room for that open concept feeling. Sliding door to deck off dining room. Master bedroom has dual closets and a private door to deck. Master bath has newer vanity sink and modern subway tile style bathtub surround. Wood laminate flooring. Newer vinyl windows. 4th bedroom/office on lower level. Family room has walkout sliding door to patio. Two car garage with lots of storage space. Walk to Spring Trail Elementary. Short Sale. Sold As-Is, but in good condition. Some cosmetic issues requiring drywall/paint. Bank has approved current list price so can get approval and close quickly.
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| Sep 3, 2019 | No longer available | - | |
| No longer available | |||
| Jun 15, 2019 | Listed | $284,900 | |
| Listed | |||
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COMPLETELY UPDATED HOME IN 2017. QUARTZ COUNTERTOPS, WHITE SHAKER CABINETS, SS APPLIANCES, WARM AND INVITING NEUTRAL COLORS. FOUR BEDROOMS INCLUDES A SPACIOUS MASTER BEDROOM SUITE. DECK OFF THE DINING ROOM. WALKOUT LOWER LEVEL FROM FAMILY ROOM ONTO THE PATIO. FENCED BACK YARD. LESS THAN 200 FEET FROM THE ELEMENTARY SCHOOL. CLOSE TO SHOPPING, PUBLIC TRANSPORTATION AND HIGHWAYS. DUE TO SITUATION BEYONF SELLER CONTROL, PROPERTY BEING SOLD AS-IS. TAXES TO BE PRO-RATED AT 100% The manager has listed the unit size as 1779 square feet.
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| Mar 30, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017