30
Map
2975 Matthew Drive
About This Property
Step inside to a bright, coastal interior with tile and engineered flooring, neutral tones, and an open concept living and dining area. The kitchen features stainless steel appliances, granite countertops, and warm wood cabinetry. Out back, enjoy your own private retreat with an above-ground pool and wraparound wood deck. The yard is a tropical dream, with a small greenhouse and plenty of green space to unwind.
Key features: 2023 AC. Metal roof. Whole house generator. Bermuda impact rated shutters. Plumbing repipe 2024.
This home is the perfect mix of comfort, style, and peace of mind.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Price Decreased |
$320,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jul 9, 2025 | Listed by Ellingson Properties | $325,000 | |
| Listed by Ellingson Properties | |||
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About Silver Pines Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017