Lot 6 Valenti Road
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 |
|---|---|---|---|
| May 27, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2023 | Listed by Keller Williams Upstate NY Properties | $28,500 | |
| Listed by Keller Williams Upstate NY Properties | |||
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This wooded land parcel offers an opportunity for a recreational getaway property with proximity to regional ski centers, state parks and state forest land, and even has deeded access for recreational use of the Schoharie Creek. Access to the lot comes off of the town maintained and paved Valenti Rd (a dead-end road, so very little traffic) and then enters a small section of mostly level woods, before descending down with moderate to steep slopes in the northern portion of the parcel. Seclusion and privacy are maximized here - with towering pine trees, small rock outcroppings, and signs of game throughout. The location is 15-25 minutes from shops and activities in towns such as Grand Gorge, Roxbury, Prattsville and Stamford, and is under 3 hours to the GWB.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017