1700 KIVA ROAD
About This Property
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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.
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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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by RE/MAX Realty Centre, Inc. | $660,000 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
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Beautiful home filled with brightness and cheer and located on one of the most picturesque lots in Silver Spring! An environmental oasis surrounds this magnificent community and this California Contemporary has a tranquil Zen-like feel that is completely divine. Every day feels like vacation and certainly the owners lived life beautifully in this wonderful home. Magnificent views of nature can be enjoyed from every vantage point. Do you love to entertain? This home is ideal for large holiday gatherings both formal and casual. The kitchen is vast and if you enjoy cooking, there are two ovens. One gas range and one electric under counter oven ideal for cooking your turkey or side dishes! Garden parties can be enjoyed in the vast outdoor entertaining spaces and if that weren't enough, a fabulous smoker is found just off the main deck and is large enough for anything you might fancy smoking. The outdoor spaces are absolutely glorious and feature gorgeous patios, a deck with steps to a wooded sanctuary and everything is lushly landscaped with multiple gardens and seating areas. Native species plants attract all sorts of wonderful songbirds and you can hear the wood thrushes in the trees while you dine alfresco on the deck or the patio. All sorts of specimen plants and trees are found throughout the gardens and include pink, red, purple, lilac and white azaleas. Magnificent Southern magnolias, flowering cherry trees, dogwoods, Iris, peonies (budding at the moment) ornamental trees and so many others... it would be impossible to list them all. The dramatic entry foyer is drenched in natural light and features soaring ceilings, transom windows and a fabulous contemporary light fixture. A sunken living room is off to the right side of the property and features vaulted ceilings, a bay window and architecturally significant fixed transom window and newly installed hardwood floors. The formal dining room has a sliding glass door which leads to a deck with a modern chandelier and also gleaming new hardwood floors. The breakfast/morning room located off the kitchen also has access to the deck and features a fixed large picture window and a modern globe light. Do open the cabinets which have roll out shelves and an enormous built in spice cabinet for the chef/cook in your family! Three bedrooms are located on the upper level along with two full bathrooms and all have large bright picture windows. A fourth bedroom and a third full bathroom is ideal for guests and is found on the lower level. A fabulous recreation room/family room features a woodburning fireplace with a raised brick hearth and a ceiling to floor brick facade. A sliding glass door provides access to the side gardens and a patio from this sundrenched room. Lots of other surprises and delights are also found in the home so look closely so you don't miss anything. A fourth level is ideal for storage, an exercise room or utility room and has windows with nice natural light. This home is in turnkey mint condition and is truly a forever home! Truly a perfect 10!
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About Cloverly
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$4,100 /mo
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- 1,872 ft²
$4,695 /mo
- 5 Beds
- 3 Baths
- 3,120 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017