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352 Silver Bay Road
About This Property
Welcome to this beautifully upgraded and maintained waterfront home, enjoy the open floor plan, including home office, to the bay views from the lovely front porch or lounge on the spacious back deck on the lagoon or take a dip in the hot tub, waterfront living at its best!
new bulkhead with very easy bay access, jet ski lift and that's just a few of what you will find.
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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 7, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Listed by United Real Estate Associates | $875,000 | |
| Listed by United Real Estate Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017