3505 Valley Pike RD
About This Property
The interior features an open and inviting layout, highlighted by a cozy living room with a fireplace and windows that enhance natural lighting and a view of the yard. The kitchen is open and functional, offering plenty of cabinet space.
Step outside to your own private retreat: the expansive backyard is ideal for outdoor activities and gatherings, with a large covered patio featuring porcelain flooring, perfect for al fresco dining or simply enjoying the natural surroundings. The backyard maintains a high fence, ensuring additional privacy and a serene backdrop.
Conveniently located near major amenities and transportation options, including a short distance to Metro Rail and Metro Bus stops. Enjoy proximity to Brushy Creek Lake Park, Lakeline Mall, and Alamo HEB. It's also situated on the last free exit going North on HWY 183 before the toll road, offering easy access and convenience.
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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 |
|---|---|---|---|
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 1, 2024 | Price Decreased |
$390,000
↓ $9K
(2.3%) | |
| Price Decreased | |||
| Aug 15, 2024 | Price Decreased |
$399,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jun 28, 2024 | Listed by Keller Williams Realty C. P. | $409,000 | |
| Listed by Keller Williams Realty C. P. | |||
| Feb 16, 2023 | No longer available | - | |
| No longer available | |||
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About Shenandoha
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017