420 Valona LOOP
About This Property
A tranquil oasis awaits just beyond the backyard paradise you've always dreamed of. Surrounded by lush landscaping, the highlight of this outdoor haven is undoubtedly the sparkling pool and spa.
Within the community, this home not only offers a peaceful retreat but also easy access to top-rated schools, parks, shopping, and dining. With its modern amenities and timeless appeal, this property exemplifies the epitome of comfortable luxury living.
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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 |
|---|---|---|---|
| Sep 8, 2023 | Listed by Compass RE Texas, LLC | $555,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017