181 SILVER CREEK Place
About This Property
The main level living areas include a gourmet kitchen, dining area, and living room along with a half bath. The home features abundant natural light throughout the living spaces.
All three bedrooms are located on the second floor along with a dedicated study area and second floor laundry room. Brand new carpet has been installed on the second and third floors.
The third level features an oversized bonus room, providing flexible living space for a media room, game room, home office, or additional living area.
Additional features include a screened patio, natural gas community, and AC system replaced in 2022. The property offers a deep fully fenced backyard.
Located in a community zoned for A rated schools
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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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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017