9911 Valance Way
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%.
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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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Listed by Green & Associates Real Estate | $285,000 | |
| Listed by Green & Associates Real Estate | |||
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This 4 bedroom 2.5 bath home is located in Montgomery Creek Ranch, has an attached two car garage and covered back patio. Downstairs this house offers an office, dining area, kitchen, breakfast spot, living room, master bedroom and bathroom, a half bath and the laundry room. Upstairs is a game room, three spare bedrooms and a full bath. Lots of room in this house. Roof is approx. 3 years old!!
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Property Highlights
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Price/ft²
Listed On
Sold On
About Montgomery Creek Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017