1 month on rocket

171 Silver Lake Rd, Staten Island, NY, 10301

$699,999

Home List Price

$8,312*

Closing Credit

3 Full Baths
1,260 SqFt
$556/SqFt
Multi

Location

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171 Silver Lake Rd, Staten Island$699,999

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Space, Built-In Garage, Carport
Year Built1931
HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #486943
StatusActive

About 171 Silver Lake Rd

Investment Opportunity in Silver Lake – Two-Family with Rental Income (Sold As-Is) Located on Silver Lake Road, this semi-attached two-family property offers great potential for investors or buyers looking to generate rental income. The lot spans 2,400 sq. ft., with a building footprint of 17 ft x 37 ft. A built-in garage and one-car carport provide convenient parking options. The primary unit is a spacious 4-bedroom, 1-bathroom apartment currently rented for $2,500. On the upper level, one rented studio generating $1,300 per month. The property is being sold as-is and requires significant work, making it a fantastic opportunity for someone ready to invest in updates and care. With both units already generating rental income and the potential for more, this property could become a valuable asset in a prime Staten Island location. Located in the desirable Silver Lake area, this property offers easy access to Silver Lake Park for outdoor activities and relaxation. The neighborhood is well-connected, with nearby bus routes like the S48 and S98, and close proximity to the Staten Island Expressway for easy commutes. Forest Avenue shops and restaurants are just minutes away. The area is also served by top-rated schools, including P.S. 45 and I.S. 27, making it ideal for families.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Stories: 2
  • Living Area: 1,260 SqFt

Listing Office:

  • Office Name: Lucblue Realty LLC

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Parking Information:

  • Parking: 1 Space, Built-In Garage, Carport

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,999
  • Price Per SqFt: $556/SqFt

Tax Information:

  • Annual Amount: $4,793
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Staten Island, NY.

Med. Sold Price

$710K

Med. Price/SqFt

$408

Avg. Days On Market

72

# of Sold Homes

72

171 Silver Lake Rd vs Staten Island

31 DAYS ON ROCKET

-41 Days

$699,999

-$10K Less

$556/SqFt

+$147 More

KEY TAKEAWAY

This property is $10K less than the Median Sold Price and $147/SqFt more than other homes in Staten Island, NY.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #486943

Listing Office:

  • Office Name: Lucblue Realty LLC

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,793$29,760
2018$4,438$22,680
2017$3,935$22,510

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-539167
5
/10
  • P.S. 45 John Tyler School

  • 58 Lawrence Ave

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-539168
4
/10
  • P.S. 31 William T. Davis School

  • 55 Layton Ave

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-539169
5
/10
  • PS 65 Academy of Innovative Learning (The)

  • 155 St Pauls Ave

  • 0.96 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,643. The most common annual income of people living in Staten Island, NY is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkRichmond CountyStaten Island10301171 Silver Lake Rd

This home is located at 171 Silver Lake Rd in Staten Island, NY and zip code 10301 in the North Shore neighborhood. This 1,260 square foot home was built in 1931. Features: 3 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $699,999.

While more than 17 listings in Staten Island, NY in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 46 were sold below. The inventory of homes for sale in Staten Island, NY between September 2024 and October 2024 decreased by 5.3%. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $710,000.

From Rocket Homes Real Estate and based on county public records data.

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