Morris
1 Syldeo Drive
Listed by: Lauren Parrella, [email protected], Realty Executives First Class, (973) 263-9200, Listing Courtesy of NJMLS
$1,166,300
●
House -
Off Market
1 Syldeo Drive
Par-troy Hills Twp., NJ 07054
5 Beds
3 Baths,
1
Half Bath
$7,116
Est. Monthly
4.23%
Cap Rate
About This Property
Stunning 5 BR, 2.5 bath colonial gem nestled on quiet cul-de-sac
backing to park land, perfect blend of privacy & functionality.
Enter the 2-story foyer where you'll find a spacious LR, DR, pwdr
rm, laundry rm, & cozy FR w/wood burning FP & soaring cath.
ceilings. EIK is compl w/center isl, SS appl incl. sub-zero fridge,
wine fridge & sliders to Trex deck overlooking flat backyard,
blending indoor & outdoor spaces. 1st FL BR offers flexibility for
guests or a home office! Ascend to the 2nd FL & discover a
luxurious primary suite, complete w/ 2 WIC & en-suite FB w/jacuzzi
tub, walk-in shower, & skylights. 2nd FL also offers 3 generously
sized guest BR & guest FB. Huge, open basement w/high ceilings is
waiting to be finished! Other feat. incl. 2 car garage, HW floors,
french drains, gen. HU, multi-zone heating, central air, high
efficiency German Buderus heaters, Water sftner & rev. osmosis
drinking sys, Sec SYS, sprinkler sys & more! Located near major
HWY, shops, rest. & schools.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,389
HOA Dues
-
Year Built
1994
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NJMLS #24017776)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by Realty Executives First Class | $974,500 | |
| Listed by Realty Executives First Class | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed On
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HOA + Taxes
About Morris
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Listed by: Lauren Parrella
Realty Executives First Class
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24017776
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Realty Executives First Class
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24017776
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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