47 Valley Hill Dr
About This Property
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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 10, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Better Living Real Estate, LLC | $499,900 | |
| Listed by Better Living Real Estate, LLC | |||
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Wonderfully maintained & expansive Ranch style home in a desirable neighborhood. The interior has hardwood floors, spacious rooms, updated windows & a roof that is approximately 10 years old. The bright & sunny living room has a wood burning fireplace & large picture window. An open plan between the living room & dining room makes for a large, open entertaining space! The large eat-in kitchen has dated styling, but is functioning. There are four bedrooms on the first floor, one of them being a huge primary bedroom having a private full bathroom with shower. The basement has a finished home office and an unfinished room with fireplace & full bathroom that is waiting to be finished & made into the perfect family room or game room. There is a workshop area & tons of additional storage in multiple partially finished rooms. An attached garage with opener and backyard storage shed are convenient features. The large yard with huge paver patio is perfect for grilling & summer parties.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017