314 DALE DRIVE
About This Property
A charming garden-lined walkway welcomes you home, bursting with seasonal beauty, including daffodils, azaleas, and perennial native plants, along with fenced vegetable beds ready for your next harvest. At the top, a freshly painted screened porch invites you to slow down and take in the peaceful, serene views of the gardens.
Inside, refinished hardwood floors from 2022 flow seamlessly throughout both the main and upper levels. The living room is filled with warmth and character, anchored by three stunning focal points: a wood-burning fireplace, large windows framing views of a majestic pine tree, and an open sightline to the beautifully renovated kitchen and dining space, completed in 2011.
The main level features two light-filled bedrooms with hardwood floors and a full bathroom thoughtfully renovated in 2011. Upstairs, you will find two additional bedrooms, including a spacious primary bedroom with a charming dormer window that adds both character and natural light.
The walk-out lower level offers exceptional versatility with its own entrance from both the home and driveway. This level includes a generous family room filled with natural light, a full bathroom added in 2018, a laundry area, and a dedicated workspace currently used for bike repair, complete with newly installed windows in 2026.
With three separate access points to the outdoors from the front porch, kitchen, and lower level, indoor-outdoor living comes naturally here.
The backyard is truly a peaceful oasis, centered around a stunning wood-burning cob pizza oven that serves as the heart of the space. Countless evenings have been spent gathered around the firepit making homemade pizzas, and this beloved feature will convey with the home, ready for its next owners to create lasting memories.
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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.
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017