21071 N 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 12, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 8, 2024 | Listed by Peter Drossos Real Estate | $525,000 | |
| Listed by Peter Drossos Real Estate | |||
| Jun 14, 2024 | Listed by Peter Drossos Real Estate | $550,000 | |
| Listed by Peter Drossos Real Estate | |||
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The 2.67 acre lot alone is worth $400,000. This home has three strategies. First, you can fully renovate it. Second, you can build a new home on it. Third, you can divide the lot up and build multiple houses on it with Village permission. Well, welcome home to a sprawling ranch home nestled on nearly three acres! Surround yourself in nature but with the conveniences of local shopping, restaurants and top-rated schools! But, there is so much more! Enjoy an all brick, sprawling ranch home with an intelligently designed floor plan. Walk into a large living room area accentuated by a stone fireplace and large windows for those glorious morning and evening views that just welcome in natural sunlight, and warm up your home. The dining room is equally charming because it can easily accommodate ten or more persons while the bay area windows give additional, awestruck views of the grounds. Then: cook, clean and mingle in the never ending galley kitchen and share meals and laughs in the breakfast area. And, yet, this home has even more to offer. There are three bedrooms on the main floor; each bedroom is roomy with ample closet space. The primary bedroom is large and it also features a primary bathroom for that added sense of convenience and privacy. And, there is more: in the lower level! The lower level is not your typical set-up; it is surprisingly generous in space, and it too features large windows, a fourth bedroom and a walk-out arrangement leading onto a paved footing, a fire pit and a hot tub! Overall, this home needs work but you will definitely call this place: home. Easy to show!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017