18237 Valencia Street
About This Property
Step inside to a bright, open-concept floor plan with high ceilings, recessed lighting, and spacious living and dining areas designed for both everyday comfort and entertaining. The inviting family room features a fireplace and flows seamlessly into the kitchen and dining area. The kitchen stands out with white cabinetry, expansive countertops, a large center island, stainless steel appliances, and abundant storage, creating a clean and contemporary centerpiece for the home.
The spacious primary suite offers a private retreat with an impressive ensuite bathroom featuring dual vanities, a soaking tub, separate walk-in shower, and a generous walk-in closet. Additional bedrooms are well-sized and provide plenty of flexibility for family, guests, a home office, or hobby space.
A major highlight is the PAID-OFF SOLAR SYSTEM, providing added energy efficiency without the burden of an ongoing solar lease or payment. The oversized 3-car garage provides excellent space for vehicles, storage, recreational equipment, or a workshop.
Outside, the nearly 43,220 sq ft lot offers tremendous possibilities. Enjoy a covered patio, expansive concrete areas for entertaining, and plenty of remaining land to create your ideal outdoor setup, whether that means RV parking, additional landscaping, a pool, workshop, garden, or recreational space. The property is positioned on flat, usable land, making the lot especially versatile.
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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 |
|---|---|---|---|
| Oct 26, 2026 | In contract | - | |
| In contract | |||
| Sep 29, 2026 | Listed by eXp Realty of Southern Califor | $499,000 | |
| Listed by eXp Realty of Southern Califor | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017