29 Valley Rd
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by New Road Realty | $489,900 | |
| Listed by New Road Realty | |||
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*Highest & Best Offers Due Monday July 1 at 5 pm.* Welcome to single-level living at this spacious & well maintained ranch on a large corner lot. Located in a quaint Somerset neighborhood, this home features 3 spacious bedrooms and 2 full bathrooms. Inside, you are greeted by a bright living room which leads to a full/updated bathroom and a door which brings you to your backyard. The spacious kitchen hosts ample cabinetry, a pantry and a eat-in option with a peninsula counter top. The kitchen flows into a sitting room with a slider leading out to your private two tier deck. The dining room features a wood burning fireplace and large bay window. Down the hall towards all 3 bedrooms is your second full and updated bathroom equipped with plenty of storage and a tub. Additional features include recently added central AC, newer furnace, hot water tank and replacement windows. Outside there are endless options for this large corner lot, which features a private deck, garden and shed.
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| Nov 3, 1983 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017