1506 Pine Valley Rd
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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Coldwell Banker Realty 28 | $525,000 | |
| Listed by Coldwell Banker Realty 28 | |||
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This captivating house nestled in the serene mountain setting on approximately 0.66 acres exudes rustic charm and inviting warmth. The home's 2+ bedrooms, 1 bath layout has approximately 1,182 square feet. Inside, one is greeted by the home's distinctive character, featuring log ceilings in the kitchen and living room that seamlessly blend rustic elements with modern comforts. The remodeled kitchen and bathroom showcase updated amenities, while the fireplace and pellet stove provide additional sources of warmth throughout. Enjoy the tranquility of the quiet outdoors on the large deck, with pleasant views and abundant wildlife. The circular driveway provides convenient parking for multiple vehicles, and the property's close proximity to Evergreen Parkway and the Buchanan Rec Center, nearby shops and restaurants, as well as the Beaver Brook Watershed Trailhead, offers a prime location within the vibrant Evergreen community. With its charming character, well-appointed features, and idyllic setting, this property presents an exceptional opportunity to experience the beauty and serenity of the Evergreen area in a sweet and desirable neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017