21527 Spear Valley 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 |
|---|---|---|---|
| Aug 9, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by Circa Real Estate | $429,900 | |
| Listed by Circa Real Estate | |||
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Welcome home to this 5-bedroom + study 3,845 sq ft home on an oversized, 9400+ sq ft lot. This one owner DR Horton home features 42" kitchen cabinets, 4" crown molding, and wrought iron staircase spindles. New carpet was installed in July 2022, and the entire upstairs was freshly painted in June 2022. New doors were installed upstairs as well. The fireplace was recently recast in brick which adds to the elegance of this home. There is a shiplap accent wall in the dining room and primary bath, and the utility room has custom built in shelving/cabinetry. You'll enjoy entertaining family and friends in your sparkling pool, and lounging on the expansive back patio. The roof was replaced this year along w/ 1 AC unit, and the garage door opener (the 2nd AC was serviced). Valley Ranch is zoned to sought after schools and you will be blocks away from Valley Ranch Elementary School. Valley Ranch has a clubhouse, playgrounds, trails, lakes, and is located 10 min. from the new Exxon campus.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017