1615 Valley Road
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 15, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $325,000 | |
| Listed | |||
| | |||
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This ranch is 3,522 sq foot, lower level walk out has four bedroom. All these bedrooms have sliding patio doors to lower deck. Largest lower level bedroom has stone fireplace. One full bath in lower level and a workroom with utilities. Upstairs has vaulted ceilings in all the rooms, and all have sliding doors to upper deck. Master bedroom has a wall of closets, large master bathroom with walk in shower. Kitchen has breakfast area with woodstove, large built in pantry. The living room is open to formal dining room with built in cabinets, pegged wood floors. Full stone wall and stone fireplace in the cozy living room. A beautiful view from every room, total privacy! This house needs TLC, updating, but well worth it. It has really great potential, please take a tour today.The manager has listed the unit size as 3522 square feet.
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| Nov 30, 2016 | Listed by Colonial Real Estate, Inc | $325,000 | |
| Listed by Colonial Real Estate, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017