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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 17, 2023 | Sold | ||
| Sold | |||
| Dec 13, 2022 | Listed by Fathom Realty NJ | $549,000 | |
| Listed by Fathom Realty NJ | |||
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This Spacious Silverton Ranch is in walking distance to Silver Bay Elementary School! As you walk in through the foyer, you will be greeted by beautiful hardwood floors and gorgeous open concept living! The first floor boasts 3 bedrooms, one currently being used as an office with pocket doors, and a full newly updated bathroom. Stunning white kitchen with quartz countertops, lighted cabinets which go to the ceiling featuring recessed lighting. white backsplash and breakfast countertop. Formal dining room off the kitchen and sunken living room complete with wood burning fireplace so you can get cozy on those chilly nights. Double sliding glass doors walk out onto your Trex deck (double decker) covered porch with two ceiling fans, lovely tastefully done landscaping creating that backyard oasis you've always dreamed of. Direct access to the garage also off the kitchen with stairs taking you down to your Family Room / Great Room! Walk out basement and full bath with a family room and kitchen/bar area perfect for entertaining. Public water, public sewer, central air and forced hot air natural gas heat. This one checks all the boxes and is move in ready, nothing to do but unpack!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017