8009 Vale 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 |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 19, 2021 | In contract | - | |
| In contract | |||
| Jul 8, 2021 | Listed by First Team Real Estate | $799,000 | |
| Listed by First Team Real Estate | |||
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Fall in Love at First Site. This remarkable Cottage Home sits upon the rolling hills in the center of Michigan Park Neighborhood. You will be charmed the moment you pull up to the home with Stunning Curb Appeal. As you enter the home you will be greeted with Beautiful Wood Flooring and Open Spacious Floor Plan. The Living Room has a Designer Tiled Fireplace. The Dining Area is Large enough to entertain many guests. The step down Family Room is Spacious with Wall to Wall Double Paned Windows and Dual Sliding Glass Doors along with Surround Sound to Enjoy Your Entertainment. Kitchen is Classic Mid Century with refinished Wood Cabinets and Tile Counters. All 3 Bedrooms are good size with Huge Master Bedroom with Walk-In-Closet and remodeled Bathroom with Jacuzzi Bathtub for 2. Hall bathroom has also been remodeled. Stay Comfortable with Central A/C. Backyard is Good size along with fruit tree, lawn and relaxing Patio. Detached 2 Car Garage gives you plenty of parking. Beautiful Michigan Park and Award Winning Ocean View Elementary School completes the List. This Home Provides the Good Life You Deserve!!! The manager has listed the unit size as 1756 square feet.
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| Sep 27, 2018 | Sold | ||
| Sold | |||
| Jul 6, 2018 | Listed by Coldwell Banker Alliance | $682,000 | |
| Listed by Coldwell Banker Alliance | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017