1522 Valley Drive
About This Property
Convenience is key, and this home delivers. Nestled close to a wide variety of stores, restaurants, and shops, it also offers easy access to downtown Syracuse's vibrant amenities. Not to mention, off-street parking, a rare find in this bustling area! Currently rented for $1,249/month, this property presents a fantastic opportunity for investors. This property has the ability to be sold as a package with the one right next door. 1516 Valley Dr, Syracuse, NY. MLS Numbers: S1667214 & S666459. It does NOT need to be sold as a package.
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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 18, 2026 | Listed by The O'Hara Group | $119,900 | |
| Listed by The O'Hara Group | |||
| Nov 30, 2025 | Price Decreased |
$122,500
↓ $3K
(2%) | |
| Price Decreased | |||
| Nov 3, 2025 | Listed | $125,000 | |
| Listed | |||
| | |||
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Welcome to 1522 Valley Dr, a delightful three-bedroom, one-bathroom home situated in Syracuse, NY. Convenience is key, and this home delivers. Nestled close to a wide variety of stores, restaurants, and shops, it also offers easy access to downtown Syracuse's vibrant amenities. Not to mention, off-street parking, a rare find in this bustling area! Currently vacant, this property presents a fantastic opportunity for a residential owner occupant or good opportunity for investors. This property has the ability to be sold as a package with the one right next door. 1516 Valley Dr, Syracuse, NY. MLS Numbers: S1580056 &S1580059. It does NOT need to be sold as a package.
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| Jul 8, 2025 | Relisted | $119,900 | |
| Relisted | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017