242 Valley Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 16, 2023 | Sold | ||
| Sold | |||
| Feb 14, 2023 | Listed by EXP REALTY | $399,900 | |
| Listed by EXP REALTY | |||
| | |||
|
Totally remodeled 5 bedroom home in desirable River Oaks neighborhood. Loaded with updates such as luxury vinyl plank flooring, gorgeous stone fireplace, the kitchen features beautiful granite counters, Stainless Steel Appliances and also new fixtures and updated lighting. The spacious master bedroom includes a super nice balcony overlooking the wooded lot. All 3 bathrooms were updated with new tile shower surrounds, toilets and fixtures. This home sits on a HUGE over a third acre lot loaded with trees and is perfect for entertaining. Home has been professionally staged so come see it before it is snatched up!
| |||
| Jun 6, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by EXP REALTY | $216,000 | |
| Listed by EXP REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017