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15401 SILVAN GLEN DRIVE
About This Property
Welcome to this stunning, fully renovated home nestled in the highly desirable Montclair community! Spanning over 3,600 square feet across three fully finished levels, this spacious residence blends modern updates with comfortable, flexible living.
The main level boasts an open, functional layout perfect for both daily living and entertaining, featuring a half bath and a chef-friendly kitchen equipped with a gas (propane) stove. Head upstairs to discover four generously sized bedrooms, two full bathrooms, and the added convenience of an upper-level laundry room. The fully finished lower level is the perfect guest or in-law suite, complete with a fifth bedroom, a private en suite bath, and a second laundry area. With five bedrooms, two full bathrooms, one half bathroom, and over 3,600 square feet spread across three levels, there is truly room for everyone.
This home has been renovated inside and out, showcasing durable Hardie board siding, new gutters and downspouts on the front porch, and a brand-new fence. Additional recent updates include a new water heater (November 2024), windows approximately 7 years old with a transferable warranty, a roof approximately 13 years old, and a washer and dryer installed around 6 years ago. A two-car garage completes this incredible package.
As a Montclair resident, you'll have access to a truly impressive list of community amenities, including indoor and outdoor pools, a private lake with beach access, a boat ramp, pier and dock, golf course and golf club, tennis courts, basketball courts, bike trails and jog/walk paths, a fitness center, community center, library, dog park, picnic areas, common grounds, tot lots and playgrounds, and more.
Bonus: The seller has an assumable VA loan at an incredible 2.25% interest rate. Contact the listing agent today for details, this opportunity won't last long!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 10, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by Metro House | $750,000 | |
| Listed by Metro House | |||
| Dec 31, 2019 | Listed by Non Subscribing Office | $335,000 | |
| Listed by Non Subscribing Office | |||
| | |||
|
Private sale, not for comps.
| |||
| May 1, 2019 | Sold | ||
| Sold | |||
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About Montclair
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017