313 SILVERSMITH Lane
About This Property
Outside, you'll discover a private and serene backyard with no neighbors behind, creating a peaceful oasis for relaxation or entertaining. The front and back irrigation system ensures your landscaping remains lush year-round. The carport not only provides ample space for parking but also features a laundry room/storage area, making it easy to keep your belongings organized. It can easily serve as a functional patio for gatherings, enhancing your outdoor experience.
The spacious bedrooms provide comfort and privacy, complemented by a convenient linen closet for ample storage. Step into the charming 1950s bathrooms, which add a touch of character to the home. Recent updates include a new HVAC system and roof installed in 2022, along with a newer water heater and stylish new LVP flooring. This home is a blank canvas, ideal for those eager to infuse their personal style. Don't miss the opportunity to make this house your own!
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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 16, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Price Decreased |
$260,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Nov 1, 2024 | Price Decreased |
$265,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Oct 17, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $270,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
Property Highlights
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017