605 Valley View Drive
About This Property
This inviting corner-lot home delivers the kind of flexibility that makes life easier-whether your needs stay the same or evolve over time. Originally designed as a three-bedroom, it's currently set up as four, and could easily function as five if needed. It could be a 3 bedroom with 2 living areas and an office, a 4 bedroom with an office or game room, etc.
The oversized living room flows seamlessly into the dining area and kitchen, creating a bright, open layout perfect for big gatherings and everyday comfort. Step through to the impressive 32' x 10' screened-in porch, where your entertaining space expands into a beautifully landscaped backyard anchored by a majestic pecan tree that provides excellent shade.
For hobbies, storage, or projects, you'll appreciate the workshop complete with electricity. Parking is a breeze with a double driveway, a well-built carport, and an additional single driveway for extra vehicles. The fenced yard is landscaped, offering privacy and curb appeal.
This home is move-in ready as it sits, with plenty of opportunity to update and personalize at your own pace. A rare combination of space, flexibility, and value.
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Cap Rate Calculator
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 9, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Price Decreased |
$125,000
↓ $34K
(21.4%) | |
| Price Decreased | |||
| Apr 27, 2026 | Price Decreased |
$159,000
↓ $16K
(9.1%) | |
| Price Decreased | |||
| Mar 14, 2026 | Relisted | $175,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017