37758 Silk Tree Lane
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 |
|---|---|---|---|
| Mar 6, 2024 | No longer available | - | |
| No longer available | |||
| Jan 11, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2023 | Price Increased |
$425,000
↑ $25K
(6.3%) | |
| Price Increased | |||
| Sep 25, 2023 | Listed by REMAX TITANIUM | $399,999 | |
| Listed by REMAX TITANIUM | |||
| | |||
|
GREAT LOCATION! Welcome home! Walk into this beautifully remodeled, single-level, 3-bedroom 2-bathroom home with an attached 2-car garage and additional space for RV or boat. Nestled in between Palmdale Blvd and Avenue S, this home's awesome location is blocks from Tumbleweed Elementary School, Palmdale High School, Palmdale Lake, and Palmdale Shopping Centers. As you enter, you'll find your spacious brightly lit living room with beautifully remodeled floors throughout the entire home, a remodeled fireplace, a dining area, and an exceptional kitchen with direct access to the backyard. Additional features include beautiful vaulted ceilings, recessed lighting throughout, and mindfully remodeled bathrooms. With additional opportunities to expand, this home will absolutely not last long! Come see for yourself! The manager has listed the unit size as 1134 square feet.
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| Nov 25, 2019 | Sold | ||
| Sold | |||
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About Palmdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017