43 Open Valley Road
About This Property
Calling all investors, flippers, and DIY enthusiasts! This 3-bedroom, 1-bath home is packed with potential and ready for your vision. Situated on a private, level 0.69-acre lot, there's plenty of room to renovate, expand, or create the property you've always wanted.
Conveniently located at 43 Open Valley Road, you'll enjoy the perfect combination of privacy and accessibility-just minutes from I-40, Walmart, shopping, dining, and everything McDowell County has to offer
Whether you're looking for your next investment project or a home to customize from the ground up, this property offers an incredible opportunity at an affordable price. Bring your tools, your ideas, and your imagination-this one is full of possibilities!
Opportunities like this don't stay on the market long. Schedule your showing 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017