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723 Slate Valley 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 |
|---|---|---|---|
| Oct 19, 2026 | Listed by Mavenly Homes | $249,900 | |
| Listed by Mavenly Homes | |||
| May 15, 2025 | Listed | $279,000 | |
| Listed | |||
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Come tour this stunning home with a unique floor plan! It features a spacious backyard, an open kitchen perfect for entertaining, and abundant storage throughout. Enjoy the convenience of a gas stove, plus the peace of mind with a newer water heater (2020), a new garage motor, and a brand-new fence. Best of all, the FULLY PAID-OFF SOLAR PANELS provide long-term savings! Hurry—schedule your showing today!
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| Mar 27, 2025 | Listed | $289,900 | |
| Listed | |||
| | |||
|
Come tour this stunning home with a unique floor plan! It features a spacious backyard, an open kitchen perfect for entertaining, and abundant storage throughout. Enjoy the convenience of a gas stove, plus the peace of mind with a newer water heater (2020), a new garage motor, and a brand-new fence. Best of all, the FULLY PAID-OFF SOLAR PANELS provide long-term savings! Hurry—schedule your showing today!
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| Jan 25, 2025 | Price Decreased |
$295,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Dec 6, 2024 | Listed | $305,000 | |
| Listed | |||
| | |||
|
Come tour this stunning home with a unique floor plan! It features a spacious backyard, an open kitchen perfect for entertaining, and abundant storage throughout. Enjoy the convenience of a gas stove, plus the peace of mind with a newer water heater (2020), a new garage motor, and a brand-new fence. Best of all, the FULLY PAID-OFF SOLAR PANELS provide long-term savings! Hurry—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017