5819 Silkbay Meadow 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%.
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 |
|---|---|---|---|
| Sep 5, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | Listed by Compass RE Texas, LLC | $899,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to your personal resort. Situated on a large corner lot with greenbelt views, the interior includes both formals, study, sunroom, game room and media with lantern sconces. Retreat to your primary bath remodeled in June 2023 (per seller) with elegant quartz, gorgeous chandelier, rainfall frameless shower and soaking tub. Oversized island is perfect for gathering, flowing to the family room, sunroom and outdoor patio. Kitchen has been updated with sleek handles, Blanco sink, and sensor faucet. Extended outdoor kitchen entertaining space overlooks the sparkling pool, hot tub and fire pit. FOUR car garage. One garage includes AC and plumbing. Main floor AC unit replaced Aug 2023.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017