45831 Silverdrop Ave
About This Property
The heart of the home is the spacious kitchen, featuring granite countertops, a large island, stainless steel appliances, and ample cabinetry, making it a dream for both cooking and entertaining. The adjoining living and dining areas create a welcoming space, highlighted by large windows and a cozy fireplace.
The primary suite is a retreat of its own, complete with plush carpeting, generous closet space, and an en-suite bathroom with dual vanities and a walk-in shower. The additional bedrooms offer comfort and flexibility, ideal for family, guests, or a home office.
Outside, the covered front porch and a well-maintained backyard provide great spaces for enjoying the fresh air. The attached two-car garage and low-maintenance landscaping add convenience to this already desirable home. Nestled in a friendly neighborhood with easy access to shopping, dining, and recreational amenities, this home is truly move-in ready.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017