252 Silverheels Pl
About This Property
The front sections of these lots are flat, and some trees have already been cleared. There is a rustic driveway as well. Purchase both parcels to ensure you won't have a neighbor directly next door or just buy the one you prefer. While there is a limited HOA, there are no fees and building requirements are lenient. Whether you are looking for a future homesite or would like to invest in a growing neighborhood, this is a wise option.
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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 |
|---|---|---|---|
| May 20, 2026 | Listed | $78,000 | |
| Listed | |||
| Jun 30, 2025 | No longer available | - | |
| No longer available | |||
| Jun 29, 2024 | Listed | $80,000 | |
| Listed | |||
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Dreaming of building your own cabin in the woods? This is the perfect affordable lot with beautiful old growth trees. Situated on a gently sloped downhill side of the road for ease of building. Potential for views with selective home placement. Easy access to lot on county maintained roads. Just over an acre this is a very private location off the beaten path to get away from it all. Lot 772 next door is also for sale. You can buy them both and have just over 2 acres! Please see MLS# S1051027 for info on that lot as well. Take a look and you will fall in love!! (Front corners of the lot are flagged for easy viewing please see plat map in the attachments).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017