9 Val Road
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 22, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Sep 19, 2024 | Price Decreased |
$549,900
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Sep 5, 2024 | Listed by Keller Williams Realty North Central | $575,000 | |
| Listed by Keller Williams Realty North Central | |||
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Desirable single level living ranch with 3 bedrooms and 2 modern full baths in the popular Hy-Val neighborhood, with private lake access on the property as well as deeded beach rights just 400’ away! Looking for easy access to Wyman Pond? Expansive fenced patio area for outdoor recreation, with stairs to a dock for launching your small boat, jet ski or kayaks. This home is stylish, and has an impressive list of recent upgrades. The roof was replaced in 2017, the dock and garage door openers were replaced in 2019. The main bathroom was redone and an addition with a bedroom and second bathroom, mini-splits for heat and A/C, ceiling fans, and new sliders–all in 2020, and the back paver patio was added in 2021. New kitchen appliances, vinyl fence/gutters in 2023 and driveway in 2024. The property is served by town water/sewer, and is under a mile to Wachusett Mountain, 2 miles to route 2, and 4 miles to the commuter rail.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017