470 Bear Valley Pkwy
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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2024 | Listed by Compass | $1,075,000 | |
| Listed by Compass | |||
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Welcome to 470 Bear Valley Parkway! Situated on over 3/4 of an acre, this charming single story 1,950 sqft home offers an inviting blend of comfort and style, perfect for entertaining, homesteading, or relaxing in your own serene retreat. Enter through the private gate, up the driveway, and step inside to a welcoming living room with high ceilings adorned with stunning exposed wood beams. Continue through the dining room and into the beautifully renovated chef's kitchen, featuring a large island with seating, a premium Wolf range with hood vent, a Sub-Zero refrigerator, a built-in wine cooler, and a farmhouse sink, designed with functionality in mind, making it a culinary enthusiast's delight. The kitchen opens seamlessly into the second of two cozy living areas with a charming wood burning fireplace, creating a warm and inviting atmosphere for gatherings with family and friends. The Primary bedroom includes a full ensuite bathroom and a walk in closet, with access to one of the three outdoor patio spaces. A second patio is accessible from one of two additional bedrooms which share another full bathroom. The outdoor space is the real show stopper, featuring a heated salt water pool, two gas fire pits, and a huge pergola with room for outdoor dining or a specious lounge area, and incredible sunrise mountain views. The private patio offers a tranquil setting for outdoor dining or simply unwinding in the fresh air. The backyard also features a sound system compatible with Alexa and a Nest and Ring monitoring system covering the entry and pool areas. The property also boasts a large front yard, complete with a spacious chicken coop and a second enclosure for small livestock with plenty of additional space for gardening or recreation, and RV parking, plus clean out. A play structure and trampoline are also included. An assumable solar purchase agreement allows the buyer to benefit from solar energy with no lease payments, paying only for what you don't generate. The home includes an attached 2 car garage with an electric car charger and a smart electric gate controllable by phone adds an extra layer of security, offering peace of mind. A complete list of improvements is available in the documents section, including a new roof, hot water heater, gutters, washer and dryer, dish washer, and septic leech lines, all within the past 5 years! Don't miss the opportunity to make this exceptional property your own! Buyer and Buyer's agent to verify all details prior to investigation contingency removal.
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| Jan 3, 2019 | Sold | ||
| Sold | |||
| Nov 29, 2018 | Listed by Big Block Realty, Inc. | $650,000 | |
| Listed by Big Block Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017