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51 Valley 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 |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Listed by Compass RE Texas, LLC - The Woodlands | $325,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Compass Re Texas, LLC | $325,000 | |
| Listed by Compass Re Texas, LLC | |||
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This log siding home is perched on two lots at an elevation to view Lake Livingston in the distance. The two story wall of windows in the living area brings in natural light and captures the view as well as the wood deck across the front of the home. The open concept living area features a wood burning fireplace and wood accented wall with built-in custom cabinetry. There are two primary ensuite bedrooms downstairs and two guest rooms/ one bath upstairs along with a loft conducive to a reading nook, small office, etc. The home is well maintained; carpet and wood flooring are two years old. The oversized two-car garage allows storage and the large driveway has parking and hookups for two RVs. The yard even has two peach trees that have historically produced an abundance of fruit. Come out to the lake for a weekend or make it your full time home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017