497 Silver Leaf Drive
About This Property
Nestled right on a retired golf course, this home is perfect for golf enthusiasts and nature lovers alike. Enjoy the convenience of being less than a mile from Lake Oroville, with easy access to horse trails, hiking trails, and prime fishing spots.
While the home is currently in poor condition and requires significant upgrades, its prime location and potential make it a worthwhile endeavor. This property is available for cash offers only. Don't miss out on this chance to create a beautiful retreat in a desirable area! Cash only.
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Cap Rate Calculator
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 7, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Price Decreased |
$109,000
↓ $6K
(5.2%) | |
| Price Decreased | |||
| Aug 11, 2024 | Price Decreased |
$115,000
↓ $10K
(8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017