497 Valley
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 |
|---|---|---|---|
| Mar 29, 2023 | No longer available | - | |
| No longer available | |||
| Feb 22, 2023 | Price Increased |
$440,000
↑ $11K
(2.6%) | |
| Price Increased | |||
| Feb 22, 2023 | In contract | - | |
| In contract | |||
| Feb 17, 2023 | Listed by Realty ONE Group West | $429,000 | |
| Listed by Realty ONE Group West | |||
| | |||
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You do not want to miss this rare find in the mountains – LEVEL ENTRY! Whether this will be your primary residence or mountain retreat, this home is for you! Drive straight into the two-car garage and walk directly into the kitchen with a convenient commuter location 1.5 miles from SR-18 and less than twenty minutes to the 210 freeway. This turnkey home includes a spacious open-concept floor plan with vaulted ceilings that feel warm and inviting. This mountain home also features a wood burning fireplace, and large panoramic windows at every turn with scenic views of the valley. A large custom kitchen with a skylight, spacious living area that includes a lovely bay window, and patio off the family room with a perfect mountain view. One downstairs bedroom offers outdoor access to an additional deck. The master bedroom boasts a large walk-in closet and spacious bathroom. Includes indoor laundry room with lots of storage space and potential. Large 2 car garage with utility sink and work bench and tons of storage! The yard is completely fenced and the house features a large build up with limitless storage or project/workshop opportunities. Motivated to sell - come on over and take a look! The manager has listed the unit size as 1656 square feet.
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| Jan 26, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017