5231 Valley Bluff Lane
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 25, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | In contract | - | |
| In contract | |||
| Mar 3, 2024 | Listed by Elite Properties | $448,000 | |
| Listed by Elite Properties | |||
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| Sep 15, 2022 | Sold | ||
| Sold | |||
| May 24, 2022 | Listed by Coldwell Banker Realty | $439,900 | |
| Listed by Coldwell Banker Realty | |||
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Beautiful 3 bedroom, 3 1/2 bath home in popular Heritage Grand, an over-55 gated community in Cinco Ranch. Spacious at 2,826 sq ft, with dining, study & large living area open to the kitchen & bkfst room. Granite countertops & stainless-steel appliances complement honey-toned cabinets. Large 1st-floor primary suite with a walk-in closet that's too good to be true! Primary bath features double sinks, WC, garden tub & step-in shower. A second en-suite bedroom has walk-in closet & full bath. This home is 1 1/2 stories, which means there is another enormous room w/ full bath & walk-in closet on 2nd level. This flex room can be closed off when not in use. But it can also be a great way to get family to come to visit - they'll have their own space! OR make it a combo craft/sewing room plus guest room. Just think of it as your Anything Goes Room! Abundant accessible storage space in attic. Nicely landscaped, with pleasant covered patio in back. Roof replaced approx 3 years ago. Estate sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017