8510 MILFORD AVENUE
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed | $789,000 | |
| Listed | |||
| | |||
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Welcome to this beautifully renovated 4 bedroom, 2 bathroom home located in the sought after Rosemary Hills neighborhood. The main level boasts three generously sized bedrooms filled with natural light, complemented by gleaming hardwood floors and recessed lighting that add a touch of elegance. A cozy wood-burning fireplace enhances the inviting living room. The expanded eat-in kitchen is a standout feature with white cabinets, granite countertops, and stainless steel appliances, all accentuated by a wall of windows that lead to a stunning outdoor area complete with a new pavers patio and meticulously landscaped yard. The lower level offers a spacious recreation room, an additional large office/bedroom, a full bath, and a substantial storage area, with easy access to the rear yard through a walkout basement. This home is equipped with owned solar panels that were installed in 2022 and will convey with the property. Recent upgrades include a new roof (2022), gutters with gutter guards (2022), new attic insulation (2022) and a new concrete driveway with retaining wall (2022). Additional enhancements over the years include the installation of plantation shutters in the living room, motion sensor lights and a rear yard fence. The laundry room underwent a comprehensive renovation in 2021/2022 with a new washer/dryer and wall mounted cabinets with Elfa organization. New HVAC air compressor was installed in 2021. New hot water heater, water softener and whole house water filtration system added in 2021/2022. This is an opportunity to own a home where every detail has been thoughtfully considered, providing modern comforts and style in a prime location.
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| Apr 30, 2019 | No longer available | - | |
| No longer available | |||
| Nov 20, 2018 | Sold | ||
| Sold | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017