2903 Silver Falls 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 |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$305,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| May 22, 2025 | Listed by eXp Realty LLC | $315,000 | |
| Listed by eXp Realty LLC | |||
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Charming modern-traditional updated home($60K+ in upgrades) is a beautiful 2-story home with a covered front porch on a spacious lot offering rare lot separation between homes. This updated 3-bed + study (optional 4th bed, no closet), 2.5-bath home features soaring 20-ft ceilings, LVP flooring, and a fully updated kitchen with new cabinets, quartz countertops, and appliances. The primary suite is on the main floor along with the study. Upstairs includes 2 large bedrooms, a full bath, and game-room. Major updates include:Whole home painted including ceilings and doors. AC & Furnace(5yrs), tankless water heater(4Yrs), windows with plantation shutters(5yrs), blown in-insulation, and all bathrooms(2.5yrs). Home includes security system with 3 cameras, generator plug-in for whole house, and detached 2-car garage. ALL FURNISHINGS OPTIONAL for move in ready. Convenient to major grocers, shops, and schools.
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| Aug 2, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017