2 DALE DRIVE
About This Property
On the main level, you'll find wood flooring throughout, a welcoming family room with a cozy fireplace, an arched entry leading to a separate dining room off the kitchen, and a bright sunroom with French doors opening to the backyard-perfect for indoor-outdoor living.
Upstairs, the three generous bedrooms share a full hall bath.
The lower level includes a recreation room, washer/dryer hookups, a recently remodeled full bath, and direct access to the garage.
This home is a great opportunity to customize and build equity in a desirable location. It's ready for updates to make it truly your own-ideal for someone with vision and a willingness to invest a little effort.
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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 Silver Spring
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$5,750 /mo
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$2,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017