9967 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%.
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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | Listed by Keller Williams Professionals | $389,500 | |
| Listed by Keller Williams Professionals | |||
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This spacious 5 bedroom home resides inside a cul-de-sac. The high ceilings and wide hallways add to the natural light that comes through the windows. This home has plenty of options available that include both formals, an upstairs gameroom, and plenty of room for a media room or whatever your hearts desire. Shopping and dining in the Woodlands is within 10 to 15 minutes of the home and much more nearby for those quick dinner nights. Minutes from I-45 and easily accessible to the medical district and the major oil and gas campus. This home has a new roof with transferrable warranty (2022). The subdivision, Montgomery Creek Ranch has many additional amenities for you which include a community pool, park, and entertaining area. Schedule your viewing today.
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About Montgomery Creek Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017