2251 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%.
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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 |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Dec 28, 2023 | Listed by Manning Williams Agency | $425,000 | |
| Listed by Manning Williams Agency | |||
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This waterfront property on Highland Lake has 227 ft of water frontage with a cottage/camp on 1.16 acres. Property comes with its own dock. Perfect spot for boating, fishing, and snowmobiling. This secluded lot offers privacy with a beautifully landscaped yard which include herbs, flowers, rubarb plants, grapevines and cranberry bushes. The cottage offers 2 loft bedrooms, a living room with cathedral ceiling, a breakfast nook with windows overlooking the lake. Along with a bathroom and kitchen, there's an additional bonus room off the living room; off this bonus room is a greenhouse. This home is sold as is with furnishings included. This lovely country setting is approximately 30 minutes to downtown Hillsborough, less than an hour to Pats Peak for skiing, 20 minutes to Pillsbury State Park in town of Washington for hiking. To visit Keene NH with its quaint downtown, its just under an hour away. Come and make this cottage with its lake views your perfect vacation destination.
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| Jun 14, 2018 | Sold | ||
| Sold | |||
| May 25, 2018 | Listed by Manning Williams Agency | $235,000 | |
| Listed by Manning Williams Agency | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017