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705 GUILFORD STREET
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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 18, 2020 | Sold | ||
| Sold | |||
| Dec 14, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $459,000 | |
| Listed | |||
| | |||
|
NEW PRICE Improvement! Fully Renovated, expanded to 1543 sq ft. Charming and convenient. 3 fully finished levels. Close to Sligo Creek Park, YMCA, downtown Silver Spring, Holy Cross Hospital, Metro & public transportation. All new inside and out! New hardwood floors throughout, granite and stainless open kitchen, 3 full baths, family room w/ wet bar, off street parking. The manager has listed the unit size as 1543 square feet.
| |||
| Apr 18, 2017 | Listed by Weichert, REALTORS | $459,000 | |
| Listed by Weichert, REALTORS | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017