5508 Silver Maple Drive
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%.
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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 16, 2023 | Sold | ||
| Sold | |||
| Apr 29, 2023 | Listed by DFW Elite Living | $295,000 | |
| Listed by DFW Elite Living | |||
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|
This gorgeous home with open floor plan is definitely a must see! Home is beaming with natural light and high ceilings. Beautifully updated and well loved. This home has has two dining areas, with a formal dining area that would also be a great space for a second living, or study. Primary suite with separate shower, garden tub, new granite countertops and two walk-in closets. Backyard has access to large open field, great for playtime with children or pets. Bring a little creativity and backyard could be made into a beautiful retreat. Great location, walking distance to Cravens Park, a large city park with athletic courts & fields, playground, picnic tables & trails.
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| Mar 22, 2023 | No longer available | - | |
| No longer available | |||
| Mar 10, 2023 | Price Decreased |
$300,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Feb 19, 2023 | Listed by DFW Elite Living, LLC | $310,000 | |
| Listed by DFW Elite Living, LLC | |||
| | |||
|
This gorgeous home with open floor plan is definitely a must see! Home is beaming with natural light and high ceilings. Beautifully updated and well loved. This home has has two dining areas, with a formal dining area that would also be a great space for a second living, or study. Primary suite with separate shower, garden tub, new granite countertops and two walk-in closets. Backyard has access to large open field, great for playtime with children or pets. Great location, walking distance to Cravens Park, a large city park with athletic courts & fields, playground, picnic tables & trails. The manager has listed the unit size as 1217 square feet.
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About Southeast Arlington
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14404588
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017