735 Del Valle Drive
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 23, 2025 | Listed | $1,195,000 | |
| Listed | |||
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Welcome to your beautiful single level home in Morro Hills just off Sleeping Indian Road where you have expansive views of the local eastern mountain ranges and just over 1 acre of usable landscaped property Sit by the fireplace with a cup of coffee while a cool ocean breeze creates the perfect atmosphere for year round gardening and entertaining This home features 3 bedrooms and 3 baths The primary room has his and hers separate closets and an in suite bathroom featuring a large jacuzzie tub , his and her sink/vanity and a separate shower Enjoy an afternoon in the enclosed patio just off the primary room with its own entrance leading out to a newly renovated "she shed" with built in cabinets, shelves, finished floors and its own a/c unit Currently being used as a art studio but could easily be used as a guest room, home office or nice space for crafting Kitchen has all modern appliances and a recently added coffee bar/wine tasing counter with additional storage cabinets and fridge Outside the kitchen has a breezeway leading to the attached garage There is also a separate shop/garage/man cave perfect for your auto projects or any other hobbies Enjoy the fresh citrus, guava, kumquat, loquat, apple, pomegranat and pear trees The entire property is completely fenced with a separate dog run and a electric gate at the driveway This is tranquility at its finest while being a quick drive to any local city amenities
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| Oct 20, 2017 | Sold | ||
| Sold | |||
| Jul 3, 2017 | Listed by Basic Brokerage Solutions | $670,000 | |
| Listed by Basic Brokerage Solutions | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017