505 Valley Elm Drive
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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | Listed by ERA Sellers & Buyers Real Esta | $439,950 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| Oct 17, 2022 | Listed by New Beginnings Realty-1964 | $465,000 | |
| Listed by New Beginnings Realty-1964 | |||
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Located in the Upper Valley on a 10,000sf lot with fully landscaped front and backyards, paid off solar panels, full stainless steel kitchen appliance package and granite countertops throughout. This home also has beautiful views of the Franklin Mountains from the oversized back porch and master bedroom picture window. This home also offers almost 3,000sf of living space with multiple living areas and generous sized bedrooms and walk-in closets. If , you are looking for views this is the home for you.
Showing Instructions: Appointment With Listing Agent; Pets Present
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| Jan 29, 2020 | No longer available | - | |
| No longer available | |||
| Dec 15, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017