5 Valley Place
About This Property
With double height foyer, gleaming floors, a traditional yet appealing flow for todays requirements, this house will not disappoint. The remodeled eat in kitchen with butlers pantry opens to the deck with built in seating and pergola to enjoy the privacy of the back yard. A large family room with wood burning fire, formal living room with gas fireplace, dining room, home office/Den, 2 powder rooms and mud room complete the first floor.
The second floor hallway is extra wide, it feels spacious and proportionate to the 6 bedrooms. The primary suite is a haven of elegance and privacy with a light filled sophisticated primary bedroom overlooking the yard, a sitting room with 2 large walk in closets and a new primary spa bathroom. There are 5 additional good sized bedrooms, 2 en-suite baths and a family hallway bath, laundry room and a secondary staircase down to the mud room.
The full finished basement provides an additional 1700 sq feet and is sold as Finished storage. There is access to the yard which is level and has room for a pool.
The yard is just under an acre and has many beautiful plantings, a new pergola with its wisteria, landscape lighting surrounding property, and security cameras.
New HVAC system ( 2022),Gas Furnace ( 2022) Washer and Dryer ( 2022) 2 Additional fridge/freezers in the garage (2022), Water heater (2021)
Harrison High School with its award winning International Baccalaureate is close by to the house, the school district will bus to elementary and middle schools and also to private schools within a designated radius. Easy access to Highways and town. Additional Information: Amenities:Marble Bath,Soaking Tub,Stall Shower,Storage,ParkingFeatures:3 Car Attached,
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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%.
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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 |
|---|---|---|---|
| Feb 23, 2023 | Relisted | $2,499,000 | |
| Relisted | |||
| Feb 23, 2023 | In contract | - | |
| In contract | |||
| Feb 13, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $2,499,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| Jul 21, 2016 | Sold | ||
| Sold | |||
| Jan 6, 2016 | Listed by Julia B Fee Sothebys Int. Rlty | $1,950,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017