LOT 21 Silvergrass Ln
About This Property
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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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| May 25, 2021 | Listed by Delap Real Estate LLC | $549,000 | |
| Listed by Delap Real Estate LLC | |||
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Home is similar to be built at The Greens of Southwick, Lot 21 is located in the second phase of the East side. The Hillside plan offers just over 2100sq.ft, 3 beds and 2.5 baths. House will be built with hardwood flooring throughout common area, wall to wall carpet in bedrooms, tile in bathrooms and laundry, mudroom areas. A fully tiled master bath along with mudroom built in bench, stoned fireplace, recessed lighting and buyers choice of a 12x14 composite deck or stamped concrete patio. So many great choices to choose from when designing your home from start to finish. This sub-division offers underground electric, city water. If you’re looking to upsize or downsize you can build the home of your dreams at The Greens of Southwick. Call today to schedule an appointment to view.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017