220 Valencia Avenue
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 |
|---|---|---|---|
| Dec 10, 2018 | No longer available | - | |
| No longer available | |||
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Oct 26, 2018 | Price Decreased |
$899,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Sep 13, 2018 | Price Increased |
$919,000
↑ $20K
(2.2%) | |
| Price Increased | |||
| Aug 14, 2018 | Listed | $899,000 | |
| Listed | |||
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Quality homes last longer due to durability and have more features. Greater functionality homes offer more uses. Efficient homes cost less to operate, cleaner homes leave less work for you to take on yourself. This home offers more than the competition with quality starting at the front front door, tiled exterior entrances, porcelain tile throughout, a fireplace, separate laundry room, family room, living room and dining room. Seven homes from Seacliff State Beach, and almost directly next to the Seacliff Village, it's rare to find a home with this square footage for the money. The functionality is fantastic in this beach house that can serve perfectly as an ocean retreat for retirement, as a full time family residence, a vacation home or rental! Solar power is the future, no relying on PG&E as your power bill will be close to zero, and the low maintenance landscaping won't leave you with a hefty gardening bill. Easy maintenance from head to toe, this home is clean and move in ready! The manager has listed the unit size as 1890 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017