112 Silkwood
About This Property
Features include 2 indoor living areas, outdoor screened-in living area overlooking heated Claffey saltwater pool with water feature, covered front porch, bedrooms with custom closet systems, recirculating hot water pump, attic has radiant barrier and floor and shelf storage. EV charging outlet in garage.
Master bedroom features a walk-in closet, gas fireplace and bonus area for study office. Primary bath has heated floors, large walk-in shower with dual shower heads, and an exterior door leading out to the pool.
Kitchen features built in wine fridge and gas cook top.
Interior updates in 2024 include LVP flooring throughout, new kitchen cabinets, quartz countertops and fixtures, new granite and fixtures in hall bathroom.
School District is Grapevine-Colleyville
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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