3542 Silver Oaks Drive
About This Property
This functional floor plan offers 4 bedrooms, 3.5 baths, and a 2-car garage, including one bedroom with a full bath upstairs – perfect for guests or a private retreat. The open living area features two dining spaces (or one can be used as a home office), crown molding, and abundant natural light.
The kitchen boasts custom maple cabinets, granite countertops, and updated appliances, while the large utility room provides extra convenience with a sink and cabinetry. The primary suite includes a jetted tub, separate shower, dual sinks, and a spacious walk-in closet. Additional features include dual sinks in the downstairs guest bath, fresh exterior paint, and a recently swept chimney and dryer vent.
Outdoor amenities include a covered porch with a patio table that conveys, a wood-fenced backyard, storage shed, RV electrical hookup, gutters, and a sprinkler system. The garage offers additional storage space, and the roof is approximately one year old.
This home offers space, comfort, and peace of mind-all on a generous lot in town. Schedule your private showing today!
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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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 14, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Listed by KW SYNERGY* | $350,000 | |
| Listed by KW SYNERGY* | |||
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About Chimney Rock Area
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017