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9971 Ilex Avenue
About This Property
Beautifully updated home offering comfort, style, and functionality throughout. This inviting residence features modern mini-split systems for efficient year-round heating and cooling, complemented by attractive wood laminate flooring that flows seamlessly through the main living areas. The upgraded kitchen showcases elegant quartz countertops, providing a clean, contemporary feel with durable, low-maintenance surfaces.
Enjoy indoor-outdoor living with a spacious covered patio, perfect for entertaining, relaxing, or weekend gatherings. Thoughtfully designed with today's lifestyle in mind, this home blends modern upgrades with everyday livability, making it a standout opportunity for buyers seeking move-in-ready appeal.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Price Decreased |
$720,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by J A T S Enterprises, Inc. | $750,000 | |
| Listed by J A T S Enterprises, Inc. | |||
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About North Valley
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$7,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017