16 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 |
|---|---|---|---|
| Jul 4, 2020 | No longer available | - | |
| No longer available | |||
| Jun 11, 2020 | Price Decreased |
$1,198,000
↓ $7K
(0.6%) | |
| Price Decreased | |||
| Jun 2, 2020 | Price Decreased |
$1,205,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
| Feb 1, 2020 | Listed | $1,210,000 | |
| Listed | |||
| | |||
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A thoroughly renovated and delightfully reimagined home in a fabulous location within walking distance to downtown Princeton and public schools presents an irresistible package complete with open concept floor plan, two gas fireplaces, second-floor laundry room with sliding barn door entry and beautiful stone patio. Oversized windows and recessed lighting brighten the home while honey-toned hardwood floors throughout provide warmth and a neutral palette upon which to build your decor. The kitchen features a stainless steel KitchenAid appliance package, quartz countertops, white cabinets, stylish gray tile backsplash and a large center island with seating and storage. Sliding glass doors from the open kitchen and family room lead to the patio as well as to thoughts of al fresco dining and outdoor entertaining in the warmer months to come. Upstairs, the master suite offers a sumptuous master bath with soaking tub, oversized shower with seamless glass doors and a rain shower head with additional hand held shower and dual sinks. A massive walk-in closet provides plenty of storage, while a second closet features built-in shelves. A Jack-and-Jill suite and a princess suite share the second floor with the master suite and the laundry room. A Belgian block lined driveway leads to the two-car garage with carriage style door, completing the home. The manager has listed the unit size as 3233 square feet.
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| Jan 3, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017