960 SILVER ROAD
About This Property
Welcome to this beautifully maintained home offering over 2,100 sq ft of living space, perfectly situated on a desirable corner lot in
Silver Spring Shores. This versatile 3-bedroom, 2-bathroom home features a fully enclosed lanai under air-ideal for a home office,
craft room, or flex space to suit your lifestyle.
The garage has also been thoughtfully converted into a second full kitchen and gathering area, perfect for entertaining or
accommodating large family events. The main kitchen is in pristine condition due to minimal use, offering a like-new cooking space.
Both bathrooms have been stylishly renovated within the past six months, and the primary suite boasts double closets for ample
storage. Additional features include a security camera system and installed gutters for added peace of mind.
Outside, enjoy a low-maintenance yard and a storage shed that stays with the home. This move-in ready property offers flexibility,
comfort, and space for all your needs. Seller motivated!
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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 |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Dec 30, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Aug 13, 2025 | Price Decreased |
$260,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Jul 28, 2025 | Listed by HOMERUN REALTY | $265,000 | |
| Listed by HOMERUN REALTY | |||
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About Silver Springs Shores
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HOMERUN REALTY
Last Updated: 9 months ago
Data Source: Stellar MLS, MLS# OM706405
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017