9903 Valance Way
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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%.
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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.
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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Nov 3, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Price Decreased |
$275,000
↓ $7K
(2.5%) | |
| Price Decreased | |||
| Sep 19, 2025 | Price Decreased |
$282,000
↓ $8K
(2.8%) | |
| Price Decreased | |||
| Sep 4, 2025 | Listed by Walzel Properties - Conroe | $290,000 | |
| Listed by Walzel Properties - Conroe | |||
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Welcome to this delightful property in Montgomery Creek Ranch, conveniently situated near shopping, medical facilities, and I-45. The home offers a brand new roof in 2025 and a new water softener, combined with modern updates and comfort.The kitchen boasts an island with ample cabinet and drawer storage, a gas range, and expansive counter space, complemented by under-counter lighting. Enjoy the laminate wood flooring, installed in 2020, adding both style and easy maintenance. Entertain guests in the formal dining room or relax in the spacious family room. The primary suite features a generous soaking tub, separate shower, dual vanity and walk-in closet, providing a serene retreat. Step outside to the backyard, featuring an extended covered patio with a separate slab for BBQ pit area and a fenced yard. Take advantage of the neighborhood amenities, including a pool, splash pad, and playground, perfect for family fun. Don't miss out on this move-in-ready gem.
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Property Highlights
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About Montgomery Creek Ranch
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$2,950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017