2202 Red Valley Drive
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 22, 2023 | Sold | ||
| Sold | |||
| Nov 15, 2023 | Listed by Keller Williams Realty Metropolitan | $275,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Welcome to your dream home in the heart of Rancho Verde! This exquisite two-story residence boasts 4 bedrooms, 2.5 bathrooms with an abundance of space for your family. Step inside to discover a harmonious blend of tile, carpet, and hardwood flooring, creating a warm and inviting ambiance throughout. The main level is designed for both entertaining and relaxation, with an open-concept layout seamlessly connecting the living room and kitchen, and the formal dining room separated to enjoy family dinners. The primary bedroom exudes comfort with its ensuite bathroom with a soaking tub, separate shower & dual sinks. Ascend the staircase to find the play room and tranquil secondary bedrooms adorned with plush carpeting and generous closet space. One of the highlights of this property is the expansive backyard. Located in Rancho Verde community, this residence offers not just a home, but a lifestyle with access to a community pool, playground, and clubhouse.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017