2955 Valley Street
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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Jan 8, 2026 | Listed by The Lund Team, Inc | $2,695,000 | |
| Listed by The Lund Team, Inc | |||
| May 17, 2025 | Price Decreased |
$2,899,000
↓ $351K
(10.8%) | |
| Price Decreased | |||
| Feb 19, 2025 | Listed | $3,250,000 | |
| Listed | |||
| | |||
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Contemporary coastal luxury residence w/ attached 322 sq.ft ADU and unrivaled .35 acre flat & private rear yard. Gated courtyard entrance leads inside to an expansive great room w/ historic exposed beams & tongue and groove wood ceiling, and polished concrete floors. Anchored by the Island kitchen that boasts custom cabinetry, handpicked tile backsplash and modern JennAir Professional appliances. La cantina doors open to the outdoor patio and the expansive rear yard. Outside: Mature trees, chicken coop, treehouse, numerous fruit trees (apple, peach, nectarine, cherry, orange, apricot) & additional storage areas. 1 Bed & 1 Bath ADU with separate entrance for multi generational living. Minutes from award winning schools, Carlsbad village and miles of Carlsbad’s famed beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017