227 VALLEY FORGE DRIVE
About This Property
Beautifully kept home in Mystic Shores, a 55+ Retirement Community. Sprawling ranch style home with open concept and great light! Bright living room that leads to dining room off the kitchen that runs into the family room featuring gas fireplace for those cold winter nights! What a great flow! Primary Suite plus full bath in hallway to accommodate the second bedroom. Large laundry room for storage.
This home was renovated in 2023 so we are able to share that those updates included a new roof, new windows and slider, new kitchen and appliances with continuous laminate floor throughout. The current owners added new gutters and soffits as well as lots of personal touched throughout.
This community is nearby a town center, golf courses, parks, boating and water sports. The association features a pool and rec center as well as many planned activities and comradery.
Sellers know where they are going.
Solar recently installed and very affordable at 90.00 per month.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Price Decreased |
$300,000
↓ $38K
(11.1%) | |
| Price Decreased | |||
| Feb 26, 2026 | Price Decreased |
$337,500
↓ $8K
(2.2%) | |
| Price Decreased | |||
| Jan 21, 2026 | Listed by Zona Real Estate | $345,000 | |
| Listed by Zona Real Estate | |||
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About Mystic Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017