390 Silver Lane
About This Property
This 4-bedroom, 3-bath residence features a flexible layout with the potential to be reimagined as a 5-bedroom home, providing endless possibilities for today's lifestyle. Sun-filled interiors showcase vaulted ceilings, skylights, and an open, airy flow designed for both refined entertaining and comfortable everyday living.
The thoughtfully updated kitchen is appointed with granite countertops, stainless steel appliances, gas cooking, a newer refrigerator, and soft-close cabinetry-blending style and function seamlessly. A recently renovated bathroom adds a fresh, modern touch.
Multiple living areas offer incredible adaptability, including a spacious lower level ideal for extended living, recreation, or private workspace. The home's layout naturally extends to a beautifully private outdoor setting, perfect for gatherings or quiet enjoyment.
Set on a desirable corner lot with in-ground sprinklers and located within the Oceanside School District, this home is just moments from shopping, dining, major roadways, and the LIRR-offering the perfect balance of suburban tranquility and everyday convenience. Flood insurance is NOT required!
Back on market, at no fault to seller.
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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 28, 2026 | Sold | ||
| Sold | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Relisted | $925,000 | |
| Relisted | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed by Douglas Elliman Real Estate | $925,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Oceanside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017