1502 Valley Cove Way
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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Sep 27, 2025 | Listed by Keller Williams Smoky Mountains | $405,000 | |
| Listed by Keller Williams Smoky Mountains | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed | $269,900 | |
| Listed | |||
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RARE FIND! DONT MISS THIS OPPORTUNITY! 3BR/2.5BA HOME IN WEARS VALLEY SITTING ON 3+ ACRES, VALLEY AND MOUNTAIN VIEWS, & AN OVERSIZED LOG LOOK SHED/WORKSHOP WITH ELECTRIC/WATER, AND IT'S OWN DECK! Bring the horses! This is a unique property with easy access and no steep roads! Interior features included a spacious kitchen equipped with stainless appliances, pantry, snack bar, eat in dining area, etc. Oversized living room with stone accented wood burning stove and vaulted ceilings. Spacious bedrooms with double closets. Master bedroom with hardwood floors and double closet, jet tub with tiled shower, etc. Covered decking and open deck perfect for a hot tub, and a deck off the back off the living room. Huge gameroom/bonus room with pool table great for entertaining. Two driveways, so you can pull into the garage or park at the top and enter the main level of the home. One car garage in basement area. The workshop/shed has been recently stained and has a deck on the front, kitchen, bathroom, and it's own driveway. Plenty of room to park an RV! Must see! The manager has listed the unit size as 2130 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017