2625 Silver Bend Drive
About This Property
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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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Allen Tate/Raleigh-Glenwood | $725,000 | |
| Listed by Allen Tate/Raleigh-Glenwood | |||
| | |||
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Price Reduced and NEW interior paint! This former Parade of Homes custom built Robuck beauty is now ready for it's second owner. So many upgrades and wonderful goodies: main level owners suite w/ double WIC, dedicated bright office, spacious kitchen with eat at bar & island, screen porch and huge custom paver patio, Upper loft and Bonus room, Generac generator, irrigation, updated HVAC (both!), spray foam attic insulation, HERS rating of 73, Energy Star home, tankless water heater, electric range w/ double oven. Enjoy the wonderful neighborhood pool and clubhouse. Mins to a new Costco, 2 grocery stores, & downtown Raleigh. New I-540 ramp at Bells Lake is nearby (but not too close!)and almost finished.
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| Oct 21, 2010 | Sold | ||
| Sold | |||
| Jun 9, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017