253 Pine 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%.
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 23, 2022 | Sold | ||
| Sold | |||
| Feb 11, 2022 | Listed by JLA Realty | $395,000 | |
| Listed by JLA Realty | |||
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COUNTRY LIVING AT ITS FINEST!!! Welcome home to this gorgeous property situated just outside of Cleveland on over 3.2 acres. This home has been well maintained over the years and is now waiting for its new owner to continue the tradition. Also available is what could be a guest suite currently being used as a craft and work out area. This property comes with absolutely no restrictions and is situated at the end of Pine Valley Rd in some degree of seclusion. Located to the right of the property is Wood Duck Farm and no home to the left of the property. Plant a garden out back where the current owner has raised many herbs and vegetables over the years. Enjoy the mornings and afternoons watching the wildlife from your back patio. Take a stroll to the pond and feed your catfish, brim and crappie in the stocked pond. A small storage building is available to house your garden equipment and a small barn out back to house larger equipment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017