4 PARK VALLEY ROAD
About This Property
This elegant home boasts hardwood flooring, recessed lighting, replacement windows, delightful dormers, and wonderful architectural details. The light-filled living room has a wood-burning fireplace flanked by custom built-ins and recessed lighting. A wonderful sunroom with tile flooring, a ceiling fan, and delightful pergola views is located just off the living room. The large dining room features chair rail molding and a ceiling fan, creating an elegant and comfortable atmosphere for dining and entertaining. It seamlessly connects to the kitchen, facilitating easy flow and interaction between the two spaces. The renovated kitchen has gorgeous granite counters, handsome cabinetry, and a stainless steel appliance suite including gas cooking with a 5-burner range, marble flooring, a wine rack, and access to the side patio - a perfect spot for grilling! The main level is complete with an updated marble powder room.
The second level features three bright bedrooms with hardwood flooring and two updated bathrooms. Among them, a generous primary bedroom suite stands out, offering a renovated bathroom, a spacious versatile sitting room, a walk-in closet, and an additional closet. The second bedroom offers convenient fixed-stair access to the floored attic, providing lots of additional storage space.
Downstairs, a cozy family room welcomes you with Berber carpeting, creating an inviting space perfect for relaxation and casual gatherings. Additionally, there's a 4th bedroom or guest room with natural light, along with a convenient half bathroom. The lower level also features a storage room and a laundry area equipped with a utility sink, providing practicality and functionality. Plus, there's additional storage space under the stairs.
Outside, the property boasts a lovely lot with mature landscaping and brick hardscaping, creating a serene and picturesque environment. Enjoy outdoor gatherings on the stunning stone patio adorned with a pergola draped with wisteria vines, or on the wrap-around patio. The fenced backyard offers solitude, while the private driveway and one-car garage provide ample parking and storage options.
Enjoy living in Sligo Park Hills; this location offers all the allure and convenience of this very special area. The neighborhood enjoys a warm sense of community, as well as ready access to Sligo Creek Trail, shopping, restaurants, and entertainment in Downtown Silver and Takoma Park. Only 1.2 miles to the Takoma Metro Station and quick accessibility to multiple bus lines.
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Price Decreased |
$875,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Sep 12, 2024 | Price Increased |
$895,000
↑ $20K
(2.3%) | |
| Price Increased | |||
| Sep 5, 2024 | Listed by Perennial Real Estate | $875,000 | |
| Listed by Perennial Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017