16861 Valley Spring Drive
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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.
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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 |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Keller Williams Realty | $885,000 | |
| Listed by Keller Williams Realty | |||
| Mar 30, 2022 | No longer available | - | |
| No longer available | |||
| Mar 10, 2022 | In contract | - | |
| In contract | |||
| Nov 3, 2021 | Listed by Real Estate Ebroker Inc | $835,000 | |
| Listed by Real Estate Ebroker Inc | |||
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Beautiful Lake Hills Reserves home, This owner got all the upgrades.. This home features 4 bedrooms with (5th bedroom or office sq not recorded by assessor) 3 full bath 2 rooms downstairs & 1 full bath, 3 bedrooms upstairs to include master and 2 additional bathrooms. Flooring is not just carpet but downstairs wood laminate and tile. all bathrooms are tile. upstairs bath with double sink. Laundry room located upstairs, ceiling fans are included in almost all rooms, open loft overlooking living room. Family room is already set up with surround sound HI Fi entertainment. Granite counter tops and stainless steel in the kitchen. What would top all of this off then a spectacular view! The Community of Lake Hills offers several parks thru out the area for your enjoyment. Look no further, Welcome Home! The manager has listed the unit size as 3250 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017