3225 Silver Acres Drive
About This Property
The newer, oversized 2-stall detached garage offers ample storage and workspace for all your hobbies and projects. Whether you're relaxing on the deck, exploring the expansive yard, or heading down to Silver lake and your shared access for a day of fishing and fun. This home offers the perfect blend of rustic charm and modern amenities. Don't miss your chance to experience peaceful living this home offers.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017