36
Map
31 Valentine Road
About This Property
Featuring 5 to 6 bedrooms and 4 bathrooms, the home offers three full levels of living space, including a separate walk-up attic with additional finishing potential. Three bathrooms are already tiled, and architectural plans are attached to help guide the remaining work.
The spacious layout includes a large family room with a wood-burning fireplace, ductwork installed for central air conditioning (outdoor units needed), and a heating system already in place. Baseboard heating is installed but not connected, allowing flexibility for baseboard, forced air, or a combination of both.
The exterior showcases cedar impressions vinyl siding with stone accents and sits on a generous .75-acre property. A circular cobblestone-lined driveway leads to an impressive 3-car attached garage featuring paver flooring, extra-tall ceilings designed to accommodate a lift, no interior poles, and premium top-of-the-line garage doors.
This is a rare opportunity to design every detail, from layout to finishes, and truly make this home your own. All set within the sought-after Shoreham-Wading River School District, this home won't last. Price is Non-Negotiable(Cash or 203k construction loan)
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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 |
|---|---|---|---|
| Oct 5, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | No longer available | - | |
| No longer available | |||
| Feb 16, 2026 | Listed by BERKSHIRE HATHAWAY | $649,996 | |
| Listed by BERKSHIRE HATHAWAY | |||
| Apr 12, 2025 | Price Decreased |
$649,996
↓ $50K
(7.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017