395 Valley Way Lot 17 Way
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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Oct 11, 2023 | Listed by RE/MAX Horizon | $64,900 | |
| Listed by RE/MAX Horizon | |||
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This 1.16-acre lot in the desirable Burlington Meadows subdivision offers an ideal opportunity to build your dream home. With no backyard neighbors, you can enjoy the tranquility of the countryside and witness beautiful sunsets daily. The absence of HOA fees provides more flexibility and affordability for homeowners. With the lot's convenient location, stunning views, and access to the reputable Burlington School District 301, this property presents an appealing canvas for your dream home. It's a promising investment in your future and a chance to create a personalized living space that perfectly suits your needs and desires!
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| Dec 28, 2022 | Sold | ||
| Sold | |||
| Oct 3, 2022 | Listed by Keller Williams Inspire - Geneva | $70,000 | |
| Listed by Keller Williams Inspire - Geneva | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017