53
Map
7284 W Mercada Way
About This Property
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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%.
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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.
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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 11, 2026 | Sold | ||
| Sold | |||
| Feb 13, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by RE/MAX Direct | $395,000 | |
| Listed by RE/MAX Direct | |||
| Sep 2, 2025 | Listed | $439,000 | |
| Listed | |||
| | |||
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:This 3BR/2BA Majestic model sits at the end of a cul-de-sac and backs to the lake. The Open Floor Plan features tile floors in the main living area and wood floors in bedrooms. The spacious kitchen has updated granite countertops and generous cabinet space. The lovely screened patio has a calming lake view - great for your morning coffee or evening cocktail. The 55+ community amenities include a Clubhouse, Fitness Center, Resort Pools, Lap Pool, Resistance Pool, Billiard Room, Pickleball, Tennis, bocce ball. Very social community with a Cafe', Social Events, Clubs, Shows & Grand Ball Rm. Maintenance fee includes cafe card, cable, security and lawn care. Super location close to shopping ,restaurants and highways.
| |||
| Feb 10, 2003 | Sold | ||
| Sold | |||
Property Highlights
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About Valencia Falls
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017