3003 Valmont Rd #159
About This Property
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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 |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Oct 2, 2023 | Listed by HomeSmart Westminster | $158,000 | |
| Listed by HomeSmart Westminster | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/08/2024
|
2 Bed
|
1 Bath
|
-
|
$59,000
2 Bed
1 Bath
|
$47,000
-20.34%
10/28/2024
|
Michael Dunn
RE/MAX Nexus
| |
|
10/02/2023
|
2 Bed
|
2 Bath
|
-
|
$158,000
2 Bed
2 Bath
|
$146,000
-7.59%
12/14/2023
|
Jason Houston
HomeSmart Westminster
| |
|
03/16/2023
| |
3 Bed
|
2 Bath
|
756 ft²
|
$52,000
3 Bed
2 Bath
756 ft²
|
$50,000
-3.85%
05/31/2023
|
Michael Dunn
RE/MAX Nexus
|
|
03/15/2023
|
3 Bed
|
2 Bath
|
-
|
$52,000
3 Bed
2 Bath
|
$50,000
-3.85%
05/31/2023
|
Michael Dunn
RE/MAX Nexus
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017