8504 SILVERDALE ROAD
About This Property
Inside, you'll find real hardwood flooring throughout the main level and a thoughtfully renovated interior with updates within the past decade-including a new roof, new windows (2025), and updated insulation and siding (2021). The versatile lower level provides flexible space for guest space, a second family room, a home gym, an office, or all three.
The exterior features an inviting front porch, a 2-car garage with an attic for additional storage, and an expanded driveway for multiple vehicles. Enjoy dinner on the back patio just off the kitchen and stargazing by the fire pit.
Ideally located just minutes (approximately 5) from elementary, middle, and high schools, as well as grocery stores, restaurants, and Laurel Hill Golf Club, this home offers everyday ease. Outdoor enthusiasts will love being surrounded by the trails of South Run and the Gerry Connolly Cross County Trail, along with nearby playgrounds, ballfields, and tennis courts.
With community bus service and unmatched access to both nature and daily conveniences, this home truly offers the best of both worlds.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017