2308 Silverthorne Drive
About This Property
Inside find an updated kitchen and bathrooms, all appliances, vaulted ceilings and floor to ceiling brick fireplace, white painted paneling and replaced windows. Outdoors there is a keyless garage entry, an oversized covered patio and handsome wood privacy fence . Other enhancements include replaced water line to the street and a lifetime warranty on the foundation. Sold - As Is.
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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 |
|---|---|---|---|
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by Allie Beth Allman & Assoc. | $255,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017