2144 SILENTREE DRIVE
About This Property
The home has been stylishly renovated, featuring refinished hardwood floors on the main level, fresh paint throughout, and striking accent walls in the dining room and primary suite. The brand-new kitchen showcases quartz countertops, modern cabinetry, stainless steel appliances, and designer lighting. It opens seamlessly to a cozy family room with recessed lighting, a fireplace, and access to an extended patio and fenced backyard-perfect for entertaining or watching the kids play in the spacious yard while mom prepares meals in the kitchen.
Upstairs offers four generously sized bedrooms, including a large primary suite with a walk-in closet and a fully remodeled ensuite bath. The finished lower level includes a recreation room, a flexible den or home office, and a full bathroom. Additional upgrades include fully renovated bathrooms, new lighting throughout, and an epoxy-coated two-car side-load garage. A rare opportunity to own a move-in-ready home in a prime location! This wont last.
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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%.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017