3 Valley Drive
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 |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed by Keller Williams Valley Realty | $699,000 | |
| Listed by Keller Williams Valley Realty | |||
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Opportunity Knocks in Nanuet – A Smart Buy with Space & Potential
Welcome to 3 Valley Drive — a well-located 4-bedroom, 2-bathroom colonial set on a flat, private lot in the heart of Nanuet. With 1,617 sq ft of living space, a practical layout, and solid structure, this home offers the perfect foundation for your vision — whether you're upgrading for yourself or seeking a strong investment in a high-demand rental market.
The main floor features a bright living room, a formal dining area, and a spacious kitchen with great natural light and generous cabinet space. The layout flows with ease and includes a half bath and access to a level backyard — perfect for summer gatherings or a future patio. Upstairs, you’ll find four bedrooms and a full bath, offering the size and function today’s families are looking for.
While the home is in move-in condition, it’s also an open canvas: refresh, modernize, or reimagine it to unlock even more value. With its close proximity to shops, parks, transit, and schools, the location alone makes this a smart move.
Whether you're a first-time buyer, growing family, or investor with vision, 3 Valley Drive delivers location, space, and upside — all at a competitive price point.
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| Dec 26, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2023 | Listed by All Century Realty | $575,000 | |
| Listed by All Century Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017