31696 SIHAM ROAD
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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by Keller Williams Realty | $117,900 | |
| Listed by Keller Williams Realty | |||
| Nov 24, 2021 | No longer available | - | |
| No longer available | |||
| Nov 21, 2021 | Listed by Keller Williams Realty | $95,000 | |
| Listed by Keller Williams Realty | |||
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One of the newest and prettiest homes in this price range currently on the market, and backing to picturesque farmland! This charming 2018 home has a beautiful interior with a split floorplan; 2 bedrooms and a full bathroom at one end, and an inviting owners suite at the other! With smooth drywalled walls, a neutral color scheme and attractive vinyl flooring, this home feels modern, fresh and clean. The kitchen features custom painted cabinetry, a deep-basin sink and a ceramic tile backsplash. Plenty of space for a dining table and chairs, too! The owners suite has a beautiful Board & Batten focal wall, wood-look vinyl flooring and a freshly painted en-suite bathroom with a step in shower. The spacious second and third bedrooms share a full bathroom with a shower/tub combo. Front loading laundry pair is conveniently tucked in the back hallway. The private backyard has peaceful views of the farmland behind the community and the pool and expansive common space is just a short walk away. This community sits right along the new Georgetown-Lewes bike trail and is less than 5 miles from the Cape May Lewes Ferry terminal and the sandy beaches of Lewes and Cape Henlopen State Park. Park application required: good credit, clean background and verification of income required for approval. The manager has listed the unit size as 1064 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017