31
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8829 Silverarrow CIR
About This Property
The renovation introduced soaring vaulted ceilings, rich hardwood flooring, Anderson double-pane windows, recessed lighting, updated sheetrock, trim, baseboards, and drywall, creating a bright and cohesive living environment. The chef-inspired kitchen features custom cabinetry, solid-surface countertops, and a full suite of GE Cafe appliances, including a gas range, refrigerator, dishwasher, and under-counter ice maker.
In 2024, a spacious primary suite addition elevated the home's functionality and comfort. The retreat includes a spa-like bath with a freestanding soaking tub, separate shower, dual closets, custom millwork, designer finishes, and thoughtfully curated details throughout. Connected to the primary suite is a private flex space with a Murphy bed, built-in desk, and its own door for privacy, ideal as a home office, nursery, guest quarters, or creative studio.
Additional improvements completed in 2024 include new Anderson front and rear doors, a standing seam metal roof, and an Ipe hardwood deck overlooking the backyard. The remodel also extended HVAC service to the garage, adding year-round comfort and versatility. Every detail of this property reflects careful planning, quality materials, and timeless style.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Listed by Luisa Mauro Real Estate | $1,390,000 | |
| Listed by Luisa Mauro Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017