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5831 Silver Oak
About This Property
Major improvements include a new roof (2021) & AC (2023), offering peace of mind for years to come. The kitchen was tastefully updated in 2018 with white cabinetry, stainless steel stove, microwave, and dishwasher, plus a quartz island with farmhouse sink-ideal for cooking and entertaining. Beautiful wood like tile throughout first floor, elegant 5" baseboards down and upstairs, upstairs carpet, light fixtures, ceiling fans, back door, blinds throughout and ecobee smart thermostat. Interior paint was refreshed in 2020, creating a bright, modern feel. The open-concept design highlights abundant natural light, a spacious living area, & a private backyard. Conveniently located near Sienna's pools, parks, and trails, with access to top-rated schools.
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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 |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 12, 2025 | Listed by RE/MAX Fine Properties | $255,000 | |
| Listed by RE/MAX Fine Properties | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017