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4228 Via Valmonte
About This Property
Perched to capture sweeping vistas that stretch for miles, this partially remodeled 3-bedroom, 2.5-bath home offers the rare chance to skip some of the heavy lifting and focus on bringing your vision to life. With permits already pulled, retrofitting complete, and a new roof, much of the groundwork has been laid. Now it's your turn to make it spectacular.
Inside, wood and tile flooring flow throughout the home, creating a clean, timeless foundation. The living room opens to a spacious view deck that practically demands morning coffee, sunset dinners, and the occasional pause to admire the scenery. Fair warning: guests may spend more time staring at the horizon than listening to your stories.
Out back, a large patio creates the perfect setting for entertaining, whether it's a casual weekend barbecue or an evening gathering under the stars. Beyond, the tiered backyard offers endless potential to create the lush, private outdoor retreat you've been dreaming about-from terraced gardens and fruit trees to a vibrant green backdrop that feels like your own personal oasis.
A 2-car garage and long sloped driveway provide plenty of parking for family, friends, and anyone eager to see what you've done with the place.
Opportunities like this don't come around often: incredible views, a head start on renovations, and the chance to create something truly special. Bring your imagination-and maybe your contractor-and see just how far these views can take you.
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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 13, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by eXp Realty of California, Inc | $1,895,000 | |
| Listed by eXp Realty of California, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017