2314 SILVER WAY
About This Property
Situated on a quiet residential street just off Waugh Chapel Road, this 4-bedroom, 2.5 bath colonial offers generous living space, strong updates, and excellent access to daily essentials..
The main level features a thoughtfully designed layout with multiple gathering areas. The kitchen stands out with sparkling quartz countertops, tile flooring, stainless steel appliances, a center island, recessed lighting, tile backsplash, and a double farmhouse sink. A gas fireplace anchors the living room, while the separate dining room provides space for formal meals. You'll also find a private office, a spacious all-season room with baseboard heat, and a window unit for year-round use. A half bath and an oversized laundry room with built-in cabinetry for added convenience.
Upstairs, the primary suite includes a walk-in closet and an en suite bath. Three additional bedrooms with laminate flooring and a full hall bath complete the upper level.
Outdoor living stands out with a multi-level deck surrounding the above-ground pool and overlooking the fenced backyard. There is space for entertaining, relaxing under the gazebo, or enjoying quiet evenings. A dedicated children's play area includes a full-size playset with a slide and three swings, making the backyard ready for fun for the whole family.
The long driveway and 2-car garage with electric provide ample parking and workspace flexibility.
You are minutes to Route 3, Route 175, and I-97, making commuting simple and close to shopping, dining, and entertainment at Waugh Chapel Towne Centre. GORC Park, and local schools. The neighborhood services are all nearby, giving you recreation and convenience within easy reach
If you're looking for space, updates, and a location close to major routes and community amenities, this home checks all the boxes.
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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%.
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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