1015 Silverbell Street
About This Property
Association approval not needed so cash buyer's can do a quick close. Investors - no waiting period - can rent for 12 month period and seller will leave unit furnished including furnishings with exception of mirror in Foyer. Perfect for Snowbirds as well.
Interior painted 2021, New roof 2020, New a/c 2016, New hot water heater 2015. Property completely renovated - must see all the improvements, details and amenities to truly appreciate all this home has to offer.
Community amenities (large pool, 4 tennis courts, whirlpool, basketball, fitness center and clubhouse) included in maintenance in this gated premier community.
Special assessment to be paid by seller at or before closing.
NOTE: SOLD AS-IS. Existing furniture/furnishings remain at no charge. PERFECT FOR SNOWBIRDS OR INVESTORS. 4th Bedroom currently has closet omitted. Buyer and Seller agree Seller will select title company.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017