413 VALLEY MILL ROAD
About This Property
Perfectly located right on Valley Mill Road, you'll enjoy the convenience of nearby grocery stores, schools, and medical facilities, along with easy access to I-81, Route 7, and Route 50-making everyday living simple and connected.
Step outside and you'll find a beautiful, level 0.6-acre yard-ideal for relaxing evenings, gatherings, or simply enjoying the peaceful surroundings. Inside, the home has been well maintained over the years and offers a warm, nostalgic feel. Move right in and enjoy it as-is, or bring your vision and updates to make it your own.
This 3-bedroom, 1-bath home is equipped with its own well and septic, offering added independence and lower utility costs.
The unfinished basement is a true bonus, offering a blank slate with the potential to nearly double your living space. The roof has been replaced in recent years, giving you added peace of mind.
This home is being sold as-is and priced to reflect an incredible opportunity in today's market. Affordable homes like this in the Winchester area don't come around often.
Come see the potential, feel the history, and imagine the future-schedule your visit today before it's gone.
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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 8, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 19, 2026 | Listed by Long & Foster Real Estate, Inc. | $309,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017