1218 Silverway
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%.
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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 |
|---|---|---|---|
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed | $269,900 | |
| Listed | |||
| | |||
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Best greenbelt lot around for miles! Ample backyard space to grow a huge garden, or to add a pool + gazebo... Owner spent MANY thousands in updates+upgrades. All w/in a year: HVAC system; H2O softener, Fresh interior paint, landscape + hardscape; w/in a 2 yrs: modern industrial finishing touches, like chic ceiling fans + lotsa nice shelving. Roof ~3yrs. Beachy wood-look tile floors thru-out. No carpet. Very solid 1 level floorplan makes this home really special. Gorgeous modern front door. Lg primary ste w/big closet. Smart kitchen layout w/stainless DW, Fridge + Range. Plus a huge sink, a pantry + natural surface counters. Dine overlooking serene views. Open great-room concept w/lotsa natural lite. View brick wood burning FP w/hand crafted mantel from 3+ rooms. Flexible spaces. (4 bedrms, or 3 plus a study...you name it) Very EZ egress + ingress. (Don't sit for 20 minutes just getting out of your n'hood!). Elem. School very close. In Warren High district. Also w/the new Tx school choice system you'll appreciate the short commute to great private + charter schools. Near colleges + univ's. Other n'hood amenities include: 2 gyms w/in 1 mile; 2 mi to Sprouts Farmer's Market, fast food places + cool new eateries. Near shopping centers, Hospitals + other major employers. Short drive to bases, airport, downtown... go for a walk at nearby Sea World; Only ~3 miles to Hyatt Hill Country Resort+ Golf Club. Hike at nearby Govt Canyon state natural area. Get to lotsa stuff real quick. All this, + an easy 150 mile drive to the beach! Private backyard patio is great for morning coffee or for relaxing in the evening after a hard day's work.
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| Jul 8, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Keller Williams Legacy | $265,000 | |
| Listed by Keller Williams Legacy | |||
| Aug 29, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017