1721 SILVER Street
About This Property
Upstairs are 3 bedrooms with bright natural light. The large primary bedroom has 2 closets and windows on three sides. A full bath with the original clawfoot tub and a laundry room with new washer and also a dryer included with sale.
The home blends modern updates and historic character with new paint, updated flooring in kitchen/back room, and hardwood floors in rest of home. Termite bond just renewed. Large fenced yard with great potential for entertaining. Come view this competitively priced charmer today!The home blends modern updates and historic character with new paint, updated flooring in kitchen/back room, and hardwood floors in rest of home. Termite bond just renewed. Large fenced yard
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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.
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