1206 Valentine Drive
, Cambridge
$599,000
Excellent family home in a great Preston location with the original family owners. Home is currently rented for $2,500 per month plus utilities until December 31, 2026 to excellent tenants. Great investment opportunity. This well kept property offers 3 bedrooms, 2 bathrooms, and a finished recreation room. The driveway is double width and the property sits on a 45 X 105' lot. Additional features are the enclosed front porch and enclosed back sunroom, The home has been updated as well as electrical receptacles and switches and there is copper wiring. Excellent location convenient to all amenities and convenient Hwy 401. Listing pics are shown with home being vacant and not with tenant's furniture.
No extras listed.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,106 |
| Lot Size | 45 ft x 105.68 ft |
| mls© Number | X13492228 |
| Listed By | RE/MAX K.L.S. Realty Inc. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,066
- Property tax
- $342
- Heat allowance
- $150
- Housing costs
- $3,558 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$109,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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