2318 SILVER LAKE Drive
About This Property
This lovely home is perfect for families looking for a cozy and affordable place to call their own.
As you step into the home, you are greeted with a spacious living room that is perfect for entertaining family and friends.
The kitchen is conveniently located adjacent to the living room and comes fully equipped with all the necessary appliances.. The kitchen features ample counter space and plenty of storage, making it a functional and practical space for cooking and meal preparation.
The three bedrooms are located down the hallway, each providing ample space and natural light. The bedrooms feature carpeted floors and closet space, providing a comfortable and inviting space to unwind and relax after a long day.
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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 |
|---|---|---|---|
| Aug 18, 2023 | Sold | ||
| Sold | |||
| Apr 6, 2023 | Listed by MONUMENTAL REALTY SERVICES LLC | $168,800 | |
| Listed by MONUMENTAL REALTY SERVICES LLC | |||
| Aug 1, 2016 | Sold | ||
| Sold | |||
| May 1, 2016 | Sold | ||
| Sold | |||
| Jun 7, 2012 | Listed by 7 STAR REALTY, INC. | $60,000 | |
| Listed by 7 STAR REALTY, INC. | |||
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Great 3 bedroom, 1 bath, with 1 car garage. Roof and A/C replaced in recent years.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017