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2330 SW 23rd Cranbrook Drive
About This Property
Enjoy tranquil lake views from your expansive patio and spacious lot, creating an inviting backdrop for outdoor living. The private pool and spa offer the perfect setting for relaxing or entertaining, all within the comfort of a screened enclosure. Estates of Silverlake residents enjoy exceptional HOA amenities including cable and internet, a community pool, tennis and pickleball courts, a playground, and a clubhouse with gathering space. Ideally located near premier shopping, dining, and conveniences, this residence blends lifestyle and location. Make this retreat your own and experience refined living in this exceptional residence.
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Mar 2, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Listed by Glass Realty, LLC | $595,000 | |
| Listed by Glass Realty, LLC | |||
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About Sherwood Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017