7 OAK TRAIL
About This Property
Step through the covered foyer into a bright, open-concept floorplan showcasing luxury vinyl flooring throughout. Formal Dining area boasts striking tray ceiling, upgraded lighting which sets the stage for memorable meals. The chef's island kitchen is a true showstopper-featuring stainless steel appliances, gleaming quartz countertops, and a spacious walk-in pantry. The primary suite offers a private retreat, highlighted by a custom barn door leading to a spa-inspired bathroom. Indulge in dual vanities, an oversized walk-in shower with classic subway tile, and expansive walk-in closets. Designed for entertaining, the open patio provides the perfect backdrop for weekend barbecues or quiet dinners under the stars. Located in central Silver Springs Shores, you'll be just minutes from shopping, dining, and medical facilities-making this a rare opportunity to own a brand-new home in one of the area's most desirable locations.
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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 21, 2026 | Price Decreased |
$274,900
↓ $9K
(3.2%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$283,900
↓ $400
(0.1%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Decreased |
$284,300
↓ $100
(0%) | |
| Price Decreased | |||
| Jul 11, 2026 | Price Decreased |
$284,400
↓ $100
(0%) | |
| Price Decreased | |||
| Jun 13, 2026 | Price Increased |
$284,500
↑ $5K
(1.8%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017