1641 Valley Falls Avenue
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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%.
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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 6, 2025 | Sold | ||
| Sold | |||
| Dec 30, 2024 | Listed by THE ASSOCIATES REALTY GROUP | $725,000 | |
| Listed by THE ASSOCIATES REALTY GROUP | |||
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Welcome to this stunning 4-bedroom, 3-bathroom home nestled in the highly sought-after University Grove community in Redlands. This spacious two-story residence offers the perfect blend of comfort and elegance. Upon entering, you'll be greeted by an inviting floor plan with a dedicated office loft—ideal for remote work or study. The heart of the home is the expansive kitchen, featuring a large island perfect for meal prep and entertaining, with double ovens along with a walk-in pantry offering ample storage. The open-concept design seamlessly connects the kitchen to the living and dining areas, making this space perfect for family gatherings or entertaining guests. The main level includes a convenient bedroom and full bathroom, while upstairs you'll find the luxurious primary suite, complete with a private balcony offering breathtaking mountain views. The en-suite bathroom is a true retreat, featuring a soaking tub, stand-up shower, double sinks, and a massive walk-in closet to store all your wardrobe essentials. Two additional bedrooms are located upstairs, sharing a well-appointed bathroom. A large laundry room, whole house fan and a two-car attached garage provide added convenience. The backyard is a serene oasis, highlighted by a stunning rock waterfall and plenty of space for outdoor relaxation. Whether you're enjoying the peaceful surroundings or entertaining family and friends, this home offers an unparalleled living experience in the heart of Redlands. Come discover the charm and tranquility of this exceptional home in University Grove!
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| Jul 14, 2017 | Sold | ||
| Sold | |||
| May 1, 2017 | Listed by REDFIN | $495,000 | |
| Listed by REDFIN | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017