3890 Happy Valley Rd
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 |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed by Compass | $6,395,000 | |
| Listed by Compass | |||
| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| Apr 22, 2024 | Listed by Dudum Real Estate Group | $3,795,000 | |
| Listed by Dudum Real Estate Group | |||
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Don’t miss this wonderful opportunity to make this sweet property your very own. Loved on by these owners since 1974, it is waiting for your special touch. With over 3,605 square feet, this charming property has spacious rooms, hardwood floors, character throughout, light and bright, fabulous for entertaining. Main house has 4 bedrooms (4th bedroom currently being used as large office with closet), 3.5 bathrooms, open living room, extra bonus room, dedicated dining room, primary with lovely walk in closet and large bathroom, flowing kitchen and full laundry room. Sitting on a flat lot with a serene and welcoming setting and has so much to offer! What to do while you renovate? Enjoy quality living in the beautiful ADU on property built in 2020 with over 1,075 square feet. This fabulous ADU has an en suite bedroom, open living area and gorgeous kitchen, all done with tasteful upgrades and overlooking the gleaming pool and quaint back garden. Prime location with top schools, close proximity to town, walking trails, commute, and in the very desirable Happy Valley community. Opportunity knocks! The manager has listed the unit size as 4685 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017