403 DALE DR
About This Property
Inside, tour to discover elegance, including beautiful hardwood floors on two levels and brick and wood design details. On the main level, find two bedrooms, two baths with beautiful upgrades, and a living room with a marble fireplace and built-in shelving. The light and open kitchen comes with KitchenAid appliances and a lovely breakfast nook with exposed brick, a wood ceiling, and doors leading to one of two decks. In addition, there's a separate formal dining room with a vaulted wood ceiling and walk-out to the deck.
The second-floor suite features a stunning bath with gold mirrors and accents, a double vanity, and a phenomenal marble-encased walk-in shower with a bench and soaking tub. The suite's spacious bedroom boasts a unique design and plenty of storage space.
On the lower level, find a family room with a kitchenette/wet bar, a separate bedroom with an exit to yard and an ensuite full bath, plus a laundry room, and access to the attached garage.
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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 |
|---|---|---|---|
| Jun 26, 2023 | Sold | ||
| Sold | |||
| May 20, 2023 | In contract | - | |
| In contract | |||
| May 16, 2023 | Price Decreased |
$900,000
↓ $18K
(2%) | |
| Price Decreased | |||
| May 4, 2023 | Listed by Donna Kerr Group | $918,000 | |
| Listed by Donna Kerr Group | |||
| Aug 18, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017