51 Silverthorn Street
About This Property
The spacious primary suite offers a relaxing retreat, while the additional bedrooms provide flexibility for guests, hobbies, or a home office. Step outside to enjoy the fenced backyard with room to relax, play, or create your own outdoor oasis. Complete with a private well and irrigation system to keep the lawn looking lush and beautiful all year long without the added expense!
Located in a neighborhood with sidewalks and the new home of Grayton Beer Company, this property offers convenience and accessibility with approximately 30-minute access to the beautiful beaches of Walton County and an easy commute to nearby military bases, shopping, dining, and local amenities.
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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 |
|---|---|---|---|
| Aug 25, 2026 | Price Decreased |
$305,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$315,000
↓ $9K
(2.8%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Decreased |
$324,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$325,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Jun 26, 2026 | Price Decreased |
$329,000
↓ $6K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017