172 Valley Lake Lane
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 30, 2021 | Sold | ||
| Sold | |||
| May 17, 2021 | Listed by Berkshire HathawayHS PenFed TX | $325,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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WALK INTO EQUITY-APPRAISAL CAME IN OVER LIST PRICE 1.25acres+ Outside city limits Hidden gem offers open floorplan with split bedrooms. Enjoy evenings on extended covered patio wrapped lights and outdoor curtains for both day & night time viewing the various wildlife that roam the heavily treed backyard or the seasonal creek that runs through the back of the property. There is a well, aerobic septic system, & fully fenced with an electric front gate. Oversized utility room offers lots of storage space. The spacious master features an oversized walkin & wrap around closet that you wont want to miss, large walk-in shower w bench. Builder 10yr Structural Foundation Warranty, ALL major items are like new!
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| May 14, 2021 | Sold | ||
| Sold | |||
| Dec 3, 2020 | Listed by Berkshire HathawayHS PenFed TX | $305,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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OVER 1.25acres! Energy efficient, ONE owner, & Outside city limits! This hidden gem showcases an open floorplan with split bedrooms. Enjoy evenings on extended covered patio wrapped lights and outdoor curtains for both day & night time viewing the various wildlife that roam the heavily treed backyard or the seasonal creek that runs through the back of the property. There is a well, aerobic septic system, & fully fenced with an electric front gate. Oversized utility room offers lots of storage space. The spacious master features an oversized walk-in AND wrap around closet that you wont want to miss, large walk-in shower w bench. Builder 10yr Structural Foundation Warranty, ALL major items are like new!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017