3207 Silver Springs 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 |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2023 | Listed by Redfin Corporation | $425,000 | |
| Listed by Redfin Corporation | |||
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Prepare to be amazed by this stunning home situated on two full lots and located in prestigious Shady River. This home was taken down to the studs and completely renovated with the help of an interior designer, EVERYTHING IS NEW! Step inside and be greeted by an open concept floor plan with a family room featuring high ceilings, a fireplace, and a wall of windows that welcomes natural light. The bright kitchen boasts modern cabinets, quartz counters, and new appliances. The primary bedroom features a spa-like ensuite bath for added luxury and relaxation. Additional useful space has been added on the ground floor that would make a great gym or game room. The huge backyard is perfect for entertaining guests with a fantastic deck, mature trees, and plenty of space for outdoor activities. Enjoy the community pool and take advantage of the convenient location just minutes from Sylvan Beach Park and the public boat launch. This home is move-in ready and waiting for you to make it your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017