427 Silver Street
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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | In contract | - | |
| In contract | |||
| Mar 19, 2024 | Listed by Keller Williams Realty-Metropolitan | $1,300,000 | |
| Listed by Keller Williams Realty-Metropolitan | |||
| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Sep 19, 2023 | Listed by Keller Williams Realty Metropolitan | $1,200,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Experience the enchantment of 427 Silver St, the ideal venue for your extraordinary events. With room for 100+ guests, this property offers an idyllic setting to host unforgettable celebrations. Enjoy the convenience of an outdoor kitchen, private 20-acre pond, and the freedom to set off your own fireworks. Nestled within 157 serene acres, this location holds potential for building a captivating community around the pond. Escape the daily grind and transform this property into a year-round vacation home or a sought-after short-term rental, providing a peaceful getaway. Fish without a license in your the pond and relish the beauty of picturesque water views from every room. The pond is perfect for fishing, canoeing, and kayaking. Just 20 minutes away, explore the renowned Lake Winnipesaukee, while Portsmouth and Boston are within easy reach. Two spacious master bedrooms with ensuite offers a private retreat. The well-maintained property features a 3-year-old roof, a large kitchen with French doors, and two living rooms for entertainment. Unleash your creativity by adding trails and creating campsites on the land. There is a deeded right of way for fish and games. 24 hr notice to show. 3D virtual tour available!! Option to buy with an additional 67 acres. The manager has listed the unit size as 3460 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017