9306 HARVEY ROAD
About This Property
This distinguished residence showcases the timeless charm of hardwood floors and enchanting stained glass windows that adorn most of the main level. Hosting gatherings is effortless with the spacious dining room and well-appointed kitchen, while the elegant living room bathes in natural light and offers serene vistas of Sligo Creek Park.
Step onto the deck, accessible through the kitchen, and savor moments of serenity in the Florida room downstairs. Luxurious features abound, including two generously-sized cedar closets on the lower level, a recently installed washer and dryer, and a generous two-car garage with side entry.
The kitchen boasts exquisite silestone countertops and is graced with a brand new dishwasher. The main bathroom has undergone a lavish renovation, boasting porcelain plank floors and a walk-in shower with silestone shower walls, designed as solid pieces to eliminate grout lines and prevent mildew buildup.
Recent upgrades include a brand new HVAC system installed in 2022, a fresh Hot Water Heater also installed in 2022, and a new dishwasher installed as recently as September 2023. The roof, while at least two decades old, is still in excellent working condition.
A versatile bonus room on the lower level, previously utilized as a bedroom, offers the flexibility to serve as an office or studio. This remarkable home is being offered as-is, providing a unique opportunity to make it your own.
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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 |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Oct 16, 2023 | In contract | - | |
| In contract | |||
| Sep 15, 2023 | Listed by RE/MAX Realty Services | $900,000 | |
| Listed by RE/MAX Realty Services | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017